Discover potential short candidates in a challenging market
- Finding stocks to buy has become increasingly difficult as the market has risen
- Consider looking at stocks to short instead
- Short selling can be risky but profitable if done right
- Wolfe Research published a screen of stocks that look like good short candidates
- Walgreens and Hasbro are two stocks that could be good short candidates
- Both stocks have high debt levels and declining earnings
- Short sellers could come back into these stocks if the profit picture doesn’t improve
Finding stocks to buy has become increasingly difficult as the market has rocketed higher. Intrepid investors might want to look at stocks to short, or bet against, instead. Short selling can be risky, but it can also be profitable if done right. Wolfe Research recently published a screen of stocks that look like good short candidates, including Walgreens and Hasbro. Both stocks have high debt levels and declining earnings, making them potential targets for short sellers. If the profit picture doesn’t improve, short sellers could come back into these stocks.
Factuality Level: 2
Factuality Justification: The article primarily focuses on providing investment advice and analysis on specific stocks rather than presenting objective and factual information. It includes a lot of speculative content, opinions, and recommendations that may not be universally accepted. The article lacks in-depth research and factual evidence to support its claims, making it more biased and less informative.
Noise Level: 3
Noise Justification: The article provides a detailed analysis of stocks that could be good short candidates, including reasons why they might be overvalued. It discusses the risks and challenges associated with short selling, as well as specific examples of companies like Walgreens and Hasbro. The article stays on topic and provides actionable insights for investors interested in short selling.
Financial Relevance: Yes
Financial Markets Impacted: The article discusses stock market trends, short selling strategies, and specific companies like Hasbro, Walgreens Boots Alliance, and others that could be impacted by short selling activities.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article focuses on financial topics, specifically on short selling strategies and potential candidates for short selling in the stock market. It does not mention any extreme events.
Public Companies: Hasbro (HAS), Walgreens Boots Alliance (WBA), Plug Power (PLUG), ADT (ADT), Tesla (TSLA), ViaSat (VSAT)
Key People: Brandon Bell (Photographer), Wolfe Research Analysts (Analysts)
Reported publicly:
www.marketwatch.com 
