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EBIX - 3 Stocks to Avoid This Week

2023-08-07 09:00:50 ET

Wall Street took a hit last week. I thought my three stocks to avoid -- Frontier Communications , Cedar Fair , and Pool Corp. -- were going to lose to the market in the past week. They rose 4%, soared 9%, and dipped 1%, respectively. The final result was an average ascent of 4% for the week.

The S&P 500 moved 2.3% lower. I was wrong. I was very wrong. I've been right in 59 of the past 94 weeks, or 63% of the time.

Let's turn our attention to the week ahead. I see Tupperware Brands (NYSE: TUP) , Six Flags Entertainment (NYSE: SIX) , and Ebix (NASDAQ: EBIX) as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.

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3 Stocks to Avoid This Week
Stock Information

Company Name: Ebix Inc.
Stock Symbol: EBIX
Market: NASDAQ
Website: ebix.com

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