Dark Money Buy: Overhyped Online Retailer Offers Second Shot at 200% Gains
Consumer debt is at a higher level today than during the last financial crisis. The burden of debt will soon translate into consumers being much more selective in their purchases and focusing on preserving and growing their retirement nest eggs. Using our Dark Money Monitor, Nomi and Dan revisit a triple-digit winning play from last year in the retail sector. Head winds for consumer spending and increased job layoffs make this trade favorable for another shot at big gains.