Sell: Brunswick (BC)
From Upside
Updated from WSBI 782, June 15, 2016
We dropped coverage of Brunswick (BC). A maker of marine products and fitness equipment, Brunswick has slumped since announcing disappointing June-quarter results on July 27. The company’s middling operating momentum, deteriorating profit margins, and sloppy share price action are worrisome, and the stock is not one we would buy today.
Richard J. Moroney, CFA, Upside, www.upsidestocks.com, 800-233-5922, September 2017