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Posted by
Two Blokes Jul 15 -
Filed in
Stock
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5 views
WEA's risk/reward profile is unattractive, with BBB spreads at historic lows and limited upside, prompting our Sell rating. Leverage amplifies both gains and losses; current tight spreads mean downside risk outweighs potential capital gains. Distribution is mostly covered, but the best-case scenario is only collecting the 7.8% yield until the Fed cuts rates aggressively.