SCS - 3 Stocks to Avoid This Week
In last week's article on three stocks to avoid , I predicted that Royal Caribbean (NYSE: RCL) , AMC Entertainment Holdings (NYSE: AMC) , and Osprey Bitcoin Trust (OTC: OBTC) would have a rough few days.
All but one of the stocks moved lower, but AMC's pop was a crystal-ball killer. The three stocks averaged a 4.3% increase for the week. The S&P 500 took a 1.9% hit in that time, so I lost. Right now, I see Royal Caribbean, Steelcase (NYSE: SCS) , and Osprey Bitcoin Trust as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.
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3 Stocks to Avoid This Week