Scotts Miracle-Gro Co (SMG) - Friday, Apr 5, 2024

404 Views05 Jul 2024 19:07
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SUMMARY
  • Recommendation to short shares of Scotts Miracle-Gro based on excessive leverage from Hawthorne hydroponics subsidiary's cannabis market bet
  • Core consumer lawn care business facing increased competition, pricing pressure, and challenges in driving volume growth
  • Projected 40% downside for SMG due to precarious financial position and reliance on key retailers and seasonal revenue

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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