3 Stocks to Avoid This Week
  Key Points Fastenal reports quarterly results on Wednesday. An analyst downgrade on Friday suggests it won't be a good report. Renren shares soared 75% last week. A step back for the Chinese growth stock is warranted. Robinhood is another rough week away from becoming a broken IPO. I've been picking stocks to avoid every week, and I fared pretty well last time. My  three stocks to avoid  last week were on the move -- up 3%, down 16%, and flat -- averaging out to a 3.3% decrease. The  S&P 500  rose 0.8% for the week, a relative victory for me and my bearish calls. I have come out ahead in 12 of the past 16 weeks. Let's see if I can keep going. This week I see  Fastenal  ( NASDAQ:FAST ) ,  Renren   ( NYSE:RENN ) , and  Robinhood Markets  ( NASDAQ:HOOD )  as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week. Fastenal We're heading into earnings season, and one of the more p...