Four Stocks to Avoid This Week

09/15/08 - 11:21 AM EDT

Stockpickr Staff

Updated from 7:02 a.m. EDT

Although we all need a game plan each and every day we enter the market, it is especially important during the fall when volatility spikes.

And despite the market sitting near a 52-week low, there are still tons of companies that are extremely overvalued and need to be avoided.

Take, for example, Titan Machines(TITN Quote - Cramer on TITN - Stock Picks). Titan is an agriculture equipment retail seller that trades with a forward P/E of 23, EV/EBITDA of 18 and price/book of 3.8, which certainly stretches the scale in terms of valuation for this company. We all know that anything related to the agriculture/commodity space has been a complete mess these last two or three weeks, and with earnings ahead, we expect Titan to be no different.

For more stocks to avoid this week, including Deere(DE Quote - Cramer on DE - Stock Picks), Lehman Brothers(LEH Quote - Cramer on LEH - Stock Picks) and Sears Holding(SHLD Quote - Cramer on SHLD - Stock Picks) please click here.

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