Prepare yourself, Fools. The three stocks I'm talking about today are primed to make some huge moves in the coming week. But instead of trying to time the market and buy or sell these stocks before the volatility arrives, I suggest you do ... nothing.
That's especially true if you're a shareholder of this week's big movers: Best Buy (NYSE:BBY), Staples (NASDAQ:SPLS), and GameStop (NYSE:GME). All three of these companies will be reporting earnings, and all three also have lots of investors shorting their stock. That's a recipe for the kind of swings you don't often see during an average market day.
While Wall Street will be focusing on short-term numbers -- like meeting one quarter's revenue and earnings expectations -- read on to see what long-term investors should really be looking for, and why so many are down on these stocks.
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Brian Stoffel has no position in any stocks mentioned. The Motley Fool owns shares of GameStop and Staples. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.