The Case for Shorting MasterBrands Stock
The US housing market could be about to unwind. Here's one way to play it
This building supplies company is heavily exposed to US housing, which is showing signs of overheating.
Executives argue that improved results are due to better execution and strategy.
In reality, this cabinet manufacturer is more likely a pandemic winner, with tariff changes providing another external tailwind.
Results are already reversing, yet the stock has rallied amid broader sector optimism. That optimism seems likely to reverse, providing an attractive short opportunity at the current price.