I've been picking stocks to avoid every week, singling out names with a lot to prove in the coming days. My three stocks to avoid last week were on the move -- up 6%, down 1%, and down 4% -- averaging out to a 0.3% increase.
The S&P 500 rose 1.6% for the week, so I was the relative winner on my bearish calls. This week I see Digital World Acquisition Corp. (NASDAQ: DWAC) , Pinterest (NYSE: PINS) , and PetMed Express (NASDAQ: PETS) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.
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3 Stocks to Avoid This Week