3 Stocks

Gemfive
2022-05-10

My "three stocks to avoid" column sometimes catches a break with one bad stock sinking the gains elsewhere. The three names I figured were going to move lower for the week -- iRobot, Rent-A-Center, and Tupperware Brands -- finished up 3%, up 10%, and down 44%, respectively, averaging out to a 10.3% decline.

The S&P 500 declined 0.2% for the week, so the stocks I figured would move even lower actually did fare worse. I was right, and I have now been right in 20 of the past 29 weeks.

This week, I see Beyond Meat, Redbox , and New Relic as stocks you may want to consider steering clear of. Let's go over my near-term concerns with all three investments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • LouisLowell
    2022-05-10
    LouisLowell
    There are a lot of stocks in the downtrend right now.
  • ccy1122
    2022-05-10
    ccy1122
    [OK] [OK] [OK] [Observation] [Observation] [Observation]
  • MR_Wu
    2022-05-10
    MR_Wu
    Thanks for sharing your opinion man.
  • BurnellStella
    2022-05-10
    BurnellStella
    You seem confident in your trading ideas.
  • Big Little
    2022-05-10
    Big Little
    Good
  • DoreamonGo
    2022-05-10
    DoreamonGo
    Ok
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