In last week's article on three stocks to avoid , I predicted that Madison Square Garden Sports (NYSE: MSGS) , Carnival (NYSE: CCL) , and GameStop (NYSE: GME) would have a rough few days.
The three stocks averaged a 0.7% decline for the week. It was close, but the S&P 500 slipped 0.6%, so I was right for the eighth time in the past nine weeks. Right now, I see American Software (NASDAQ: AMSWA) , Carnival, and Robinhood Markets (NASDAQ: HOOD) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.
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For further details see:
3 Stocks to Avoid This Week