Posted on July 3, 2023
We’ve got a highway robbery of a trade for you today featuring the masked bandits from Brink’s (NYSE:BCO), refillers of ATMs across America.
As we’ve plotted it, today’s bet could bag us a wild west 3233% profit within a very reasonable time frame.
And as usual, the downside risk is known in advance.
So there’s nothing to be scared of.
In short, the company may be generating returns, but if so, it’s coming on the back of an alarming quantity of debt—IN A RISING RATE ENVIRONMENT. And that bodes poorly for both the short and long term.
As they roll out those obligations in the coming months and years, it’s going to prove very costly, and poses a major drag on growth, as well.
Bring it on, fellas!
With kind regards,
Hugh L. O’Haynew