3 Stocks to Avoid This Week

My three stocks to avoid last week were on the move -- as GameStop, Stitch Fix, and Marathon Digital Holdings were all down, 8%, 18%, and 3%, respectively -- averaging out to a 9.7% decline. This week, I see Digital World Acquisition (NASDAQ: DWAC), Sweetgreen (NYSE: SG), and Steelcase (NYSE: SCS) as stocks that you may want to consider steering clear from. One of last week's biggest winners was Digital World Acquisition, the special purpose acquisition company (SPAC) that took off in October after announcing a combination with Trump Media & Technology Group's social-media platform, with plans to launch Truth Social. As I've mentioned in the past, singling out Digital World Acquisition as a stock to avoid isn't a political statement.