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Jumia Technologies AG American Depositary Shares each representing two
I took a look at three stocks to avoid last week, predicting that Blink Charging (NASDAQ: BLNK) , Chico's FAS (NYSE: CHS) , and NIO Limited (NYSE: NIO) were going to lose to the market. I missed, and missed badly.
The three stocks averaged a strong 9.5% ascent, blowing ahead of the S&P 500's comparable gain of 2.2% for the week. Let's see if I can bounce back.
For this week, I see Blink Charging, Nikola (NASDAQ: NKLA) , and Jumia (NYSE: JMIA) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.