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%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Realistically scenario

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes