TRUE - 3 Stocks to Avoid This Week
Things roughly worked out for my " three stocks to avoid " column last week. The three stocks I thought were going to lose to the market for the week -- Shopify , Fat Brands , and Tesla Motors -- declined 7%, rose 1%, and surged 9%, respectively, averaging out to a 1% increase.
The S&P 500 experienced a 4.3% move higher. I was correct, as the average return of the three of the investments I figured would fare worse fell short. I have now been right in 27 of the past 41 weeks.
Where do I go to next? I see Wayfair (NYSE: W) , TrueCar (NASDAQ: TRUE) , and Tesla Motors (NASDAQ: TSLA) as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.
For further details see:
3 Stocks to Avoid This Week