2023-07-17 07:00:00 ET
Wall Street took a big step up last week. I thought my three stocks to avoid -- Shopify , WD-40 , and Joby Aviation -- were going to lose to the market in the past week. They soared 11%, 19%, and 3%, respectively. The final result was an average surge of 11% for the week.
The S&P 500 moved 2.4% higher. I was wrong. I've still been right in 57 of the past 91 weeks, or 63% of the time.
Let's turn our attention to the week ahead. I see Tesla Motors (NASDAQ: TSLA) , WD-40 (NASDAQ: WDFC) , 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