TPX - 3 Stocks to Avoid This Week
My " three stocks to avoid " column finally got back on track this past week. The three names I figured were going to move lower for the week -- Tesla , Sleep Number , and Lucid Group -- finished up 2%, down 10%, and down 9%, respectively, averaging out to a 5.7% decline.
The S&P 500 declined 2.8% for the week, so the stocks I figured would move even lower did exactly that. I was right, pushing my run to being correct in 19 of the past 27 weeks.
This week, I see Tempur Sealy (NYSE: TPX) , Tesla (NASDAQ: TSLA) , Noodles & Co. (NASDAQ: NDLS) as stocks you may want to consider steering clear of. Let's go over my near-term concerns with all three investments.
For further details see:
3 Stocks to Avoid This Week