Three Stocks to Avoid Next Week
Updated from 10:27 a.m. EST
Although we need a game plan each and every day that we enter the market, it is especially important during earnings season. Trying to game earnings has buried many, but the few who've mastered how to play them have reaped great rewards.
Unless you are the best of the best, we generally believe there is no reason to "game" earnings and try to capitalize on how you think the market will react to a particular release.
But if you do dare to play in these waters, here are three stocks, including
Hovnanian
(HOV) - Get Report
, that you absolutely
must
avoid next week.
To read more,
.
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At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$h
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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