Short these stocks with deteriorating earnings, Wolfe Research says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The firm recommends shorting a group of stocks ahead of their quarterly results.

Wolfe Research is recommending a basket of companies to short ahead of their quarterly earnings. Recent quarters have been a struggle for the firm in finding successful shorts, according to global macro analyst Rob Ginsberg. The Short Basket had notched previous notable success, and maintained an 80% hit rate through the second quarter of 2022, according to Ginsberg. Price progress has been more difficult the past nine months, though, given a more challenging macroeconomic environment.

mountain Although SunPower has a higher earnings quality rating on the Wolfe Research list, the company still has high short interest according to the report.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Realistically scenario

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama