2023-10-23 08:00:00 ET
Wall Street moved lower last week. I thought my three stocks to avoid for that week -- Carnival , Cohen & Steers , and American Airlines -- were going to lose to the market. They fell 10%, 7%, and 5%, respectively, for an average decline of 7.3% for the week.
The S&P 500 moved 2.4% lower, but I was still right. I have been correct in 66 of the past 104 weeks, or 63% of the time.
Let's turn our attention to the current week. I see Altria (NYSE: MO) , Southwest (NYSE: LUV) , and Charter Communications (NASDAQ: CHTR) 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