Brunswick Corporation: Is the Bad News Over? [View article]
It seems a bit risky to say the least to short a stock that has already declined from $50 to $13. Yes, there is a consumer led recession and yes people are not rushing to buy boats, but all this is has been news for the last two years. As soon as there is a sniff of consumer recovery this stock will run to mid $20s. Bankruptcy? Please, these guys have less than 1x EBITDA net debt.
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Brunswick Corporation: Is the Bad News Over? [View article]