3 Stocks You Want To Stay Away This Week

3 Stocks You Want To Stay Away This Week Analysts stated that  GameStop ,American Airlines, Danimer Scientific stocks were very fragile for this week and emphasized that investors should be careful about these 3 stocks. According to the strategists, the 3 stocks that stood out and should be noted in the past week were as follows: Interface (NASDAQ: TILE), America Airlines (NASDAQ: AAL) ve Gap (NYSE: GPS)

• Interface: Global modural carpeting specialist company’s shares dropped 7 %
• America Airlines: Increased nearly 7 %
• Gap: Gap stock increased by less than 1 %. It climbs 13 % on weekdays.

Sources whispered to Bloomberg that specialist retailers will gradually vacate their workplaces in China. Therefore, analysts have raised their price targets on share prices. Investment experts announced this week that the stocks GameStop (NYSE: GME), America Airlines and Danimer Scientific (NYSE: DNMR) are vulnerable investments in the near term.

Analysts stated that  GameStop ,American Airlines, Danimer Scientific stocks were very fragile for this week and emphasized that investors should be careful about these 3 stocks.

It is useful to consider these stocks one by one.

1-GameStop

The video game retailer lost 1 in 4 of its value last week. , Although e-commerce sales doubled during the pandemic process, the decrease in the number of retail stores during the process had a negative effect. Meme stocks showed difficult numbers for the first time since late January. Even though GameStop was in its highest earning season, reports showed that what was expected could not be met. Although we do not find Wall Street's pessimistic decisions realistic, it should not be forgotten that the predictions for the last 3 quarters are correct. PS5 system sales and consoles are the only reason why sales did not decline in double digits. However, as these are GameStop's lowest margin category, there won't be much to like in the report. Although GameStop tries to take precautions, it may encounter brutal results on Wednesday and beyond.

2-American Airlines

Even if we think American Airlines was overvalued a week ago, it can be considered a stock to avoid a 7 % increase in the last five trading days while reaching its year's high. We see American Airlines traded for a business worth over $ 50 billion. At the beginning of last year, stocks were trading slightly higher than they are now. It is estimated that the stagnation caused by the closing due to the pandemic causes the share values ​​to decrease and the values ​​will start to increase when the normalization process accelerates with the vaccination.

3-Danimer Scientific

We live in a world full of waste and Danimer Scientific's recommendation meets all the right eco-friendly shades. All nature be covered with plastic bottles, straws and bags. Danimer's oil-based polyhydroxyalkanoates (PHAs for short) offer a plant-based plastic that breaks down more easily than conventional plastics. Big brands applied to Danimer's Nodax. During the weekend, The Wall Street Journal published a critical article based on several experts on biodegradable plastics. In the articles, it was stated that the positive benefits of Nodax are exaggerated. Danimer increased its revenue by nearly 50 % in the first nine months of 2020. The current report is expected to show the same. If you're looking for secure stocks, it's worthwhile to stay away from GameStop, American Airlines, and Danimer Scientific this week.  

Source: The Motley Fool

 

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