‘Conviction Shorts’
Bernstein’s famed Black Book this month listed five U.S. companies, and 21 overall, under what it called “ Conviction Shorts ", for companies which are priced too high, have specific problems as an industry involves or where the industry itself has issues.The five top conviction shorts on the list are: Best Buy, Kellogg, Express Scripts, Viacom and Intel.
We take a quick look at the five Conviction Shorts U.S. companies, along with Bernstein’s rationale for
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