Though this bank has delivered years of superior profitability, a recent rise in its stock price, along with mounting competition, make risk/reward less attractive.
It’s difficult to make a case to short the stock given improving fundamentals, rising demand for rental properties, and the expected rebound in commercial real estate.
We’re going to examine some of our worst-performing calls from 2018 and determine which picks were bona fide mistakes and which only offer more upside.