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No Time for Taciturn Stocks

I sold AmBev (ABEV), Bombardier (BDRBF) and Santander Group (SAN) this week. They were part of my CEMETERY OF SHITTY STOCKS, which I wrote about last week. And while I considered them long-term plays (with huge upside potential), the emerging market exposure was making me a bit nervous. There’s just too much uncertainty at the moment and the macro picture looks grim, particularly in Latin America. In the current environment, these stocks could actually drop further in price.



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