Investing This Fall? Avoid These 7 Stocks

The year 2022 has not been kind to stocks so far; for some, the trouble is not yet over. This article captures seven stocks to avoid as we head into the fall season.

Stocks to Avoid This Fall

1. GameStop Corp. (NYSE: GME)

GameStop made significant headwinds last year as the central focus of meme stocks that sent its share price through the roof. Reality has set in during 2022, as the company has experienced a tumultuous year at best.

Operating losses continue to rise as the company struggles with its place in the gaming market. The video game industry has slowed as pocketbooks tighten from inflationary pressures.

2. Wayfair Inc. (NYSE: W)

While there’s no official word on a recession, consumer spending on nonessential items appears to be taking a back seat as housing market costs continue to rise. Wayfair is undoubtedly feeling the squeeze.

Moreover, supply chain disruptions only add to the problem, leading to significant delays in receiving the merchandise.

3. Snap Inc. (NYSE: SNAP)

Snap is the parent company of Snapchat, a social media app that allows users to take and share photos and videos.

Listed as a camera company, Snap also has a pair of augmented reality glasses in the works.

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