2023-12-04 08:30:00 ET
Wall Street keeps inching higher. I thought my three stocks to avoid for last week -- Warner Bros. Discovery , Ambarella , and Big Lots -- were going to lose to the market. They rose 4%, 5%, and a whopping 54%, respectively, for an average gain of 21% for the week.
The S&P 500 rose 0.8% higher, so I was wrong. I have still been right in 69 of the past 110 weeks, or 63% of the time.
Let's turn our attention to the new week. I see Dollar General (NYSE: DG) , Thor Industries (NYSE: THO) , and Big Lots (NYSE: BIG) 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