‘ Consumer Discretionary Stocks to Avoid This Holiday Season\n\nThe holiday season is a time of joy for consumers, but not all consumer discretionary stocks are good choices. While the U.S. Economy is growing, high inflation and interest rates are causing some consumers to hesitate. This caution can quickly lead to a dip in consumer discretionary stocks, making it important to carefully consider investments in this sector. Here are three stocks to avoid this November.\n\nChargePoint (CHPT) is a technology company that produces and operates charging stations for electric vehicles. Having over 4,000 commercial and fleet customers and 87 million charging sessions, the company is still not profitable. In fact, it reported a loss of $125.3 million in the last quarter, an increase from the previous year. Investors are also betting against ChargePoint, with short interest at nearly 28%. CHPT stock has dropped 73% this year and receives an “F” rating in the Portfolio Grader.\n\nMullen Automotive (MULN) is another stock to avoid. The company has been struggling to maintain Nasdaq compliance and has completed multiple reverse stock splits in an attempt to boost its stock price. These efforts have not been successful, and MULN stock has plummeted over 96% this year. With a history of burning through cash and failing to use it wisely, Mullen Automotive receives an “F” rating in the Portfolio Grader.\n\nChewy (CHWY) is an e-commerce company that specializes in pet food and products. While the company saw success during the pandemic, its second-quarter earnings were disappointing, with a 20% decrease in earnings per share compared to the previous year. This led to a cut in price target by Barclays analyst Trevor Young. CHWY stock is down 12% this year and receives a “D” rating in the Portfolio Grader.\n\n While the holiday season may be a time for consumer spending, it is important to carefully consider investments in consumer discretionary stocks.’