FTDR - 3 Stocks to Avoid This Week
Wall Street in general took a step back for the seventh trading week of 2023. My " three stocks to avoid ," which I thought were going to lose to the market in the past week -- Carvana , Tesla Motors , and Sturm, Ruger -- fell 30%, slipped 5%, and rose 3%, respectively, averaging out to a 10.7% decrease.
The S&P 500 moved 2.7% lower for the week. I was correct. I have been right in 46 of the past 71 weeks, or 65% of the time.
Let's turn our attention to the week ahead. I see Cracker Barrel Old Country Store (NASDAQ: CBRL) , LivePerson (NASDAQ: LPSN) , and Frontdoor (NASDAQ: FTDR) as stocks you might 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