CAR: Adding Avis to Investing Ideas (Short Side)

06/16/22 10:26AM EDT

Hedgeye CEO Keith McCullough is adding Avis (CAR) to the short side of Investing Ideas. Below is a brief note.

Remind me why big pandemic winners like Avis (CAR) can't go down to where they were pre-pandemic? 

This has to be one of the scarier looking 3yr Bubble Charts. Yes, it was a stock market bubble. Yes, it is crashing. And no, people still aren't #Quad4 Bearish Enough.

See Van Sciver's Industrials Pro research product on why CAR is a SELL,

KM

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