Navistar: struggling to keep on trucking
The analysis of candidates for Montaka’s short portfolio follows a rigorous process that requires stocks to exhibit at least one characteristic of our four-point framework: (i) thematic/structural changes; (ii) divergent expectations; (iii) asymmetries; and (iv) misperceptions. Navistar International (NYSE: NAV), a US-based manufacturer of International brand commercial and military trucks, buses, and engines, filled the […]
