I took a look at three stocks to avoid last week, predicting that Airbnb (NASDAQ: ABNB) , Moderna (NASDAQ: MRNA) , and Cintas (NASDAQ: CTAS) as vulnerable investments were going to have a challenging week. I fell short of the mark.
The three stocks averaged a 6% decline, with all three entires losing to the market. The S&P 500 surrendered just 0.2% of its value in that time. For this week, I see Nikola (NASDAQ: NKLA) , Airbnb, Lemonade (NYSE: LMND) , and Chuy's (NASDAQ: CHUY) 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