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