CCI - 3 Stocks to Avoid This Week
2023-04-17 17:00:00 ET
Wall Street had a mild bounce last week after a flat start to the second quarter the week before. I thought my " three stocks to avoid " -- CarMax , WD-40 , and Tesla Motors -- were going to lose to the market in the past week. They rose 8%, climbed 1%, and finished unchanged, respectively. The final result was an average ascent of 3% for the week.
The S&P 500 moved 1.2% higher. I was wrong, but I have still been right 50 of the past 78 weeks, or 64% of the time.
Let's turn our attention to the week ahead. I see Tesla Motors (NASDAQ: TSLA) , and Crown Castle (NYSE: CCI) , and MicroStrategy (NASDAQ: MSTR) 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