3 Stocks to Avoid This Week

·4 min read
3 Stocks to Avoid This Week

This week I see Oatly (NASDAQ: OTLY), Stitch Fix (NASDAQ: SFIX), and American Airlines Group (NASDAQ: AAL) as vulnerable investments in the near term. The lone sinker in last week's list was Oatly, sliding 7% as the company behind oat-based milk, yogurt, and frozen desserts faces valuation concerns following an initially well-received springtime IPO. Oatly is growing fast as consumers embrace oat-based dairy alternatives, but the entire niche is booming to the point where it will attract cutthroat competitors drawn to the market opportunity.

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