2023-07-24 11:03:35 ET
Wall Street had its ups and downs last week. I thought my three stocks to avoid -- Tesla Motors (NASDAQ: TSLA) , WD-40 (NASDAQ: WDFC) , and Pool Corp. (NASDAQ: POOL) -- were going to lose to the market in the past week. They fell 8%, slipped 3%, and rose 2%, respectively. The final result was an average decline of 3% for the week.
The S&P 500 moved 0.7% higher. I was right. I've been correct in 58 of the past 92 weeks, or 63% of the time.
Let's turn our attention to the week ahead. I see AT&T (NYSE: T) , Sonic Automotive (NYSE: SAH) , and Pool Corp. (NASDAQ: POOL) 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