This is a crazy idea for the TradingView's 1st July 2022 Long&Short Competition entry.
Long Germophobic War Technology: NASDAQ:AERC
We're betting in the success of the FDA Clearance provided after review of patented germicidal UV-C LED Air Purification Technology from AeroClean. It was proven effective at eliminating harmful airborne microorganisms. The projected Earnings Per Share (EPS) looks great for the long term.
Short Human War Technology: NYSE:HEI
We're betting in the overpriced HEICO Corporation PE ratio of 46.5x against its peer average 27.3x and also its low Return on Equity 13.4%.
This long & short is asymmetric and should be unpaired when NYSE:HEI confirms the market balanced its price with its sector peers.
Currently this pair is under 0.09 ratio which means the asymmetry is much stronger for the long run at 1.00 ratio target (diamond hands will be rewarded accordingly).
Long Germophobic War Technology: NASDAQ:AERC
We're betting in the success of the FDA Clearance provided after review of patented germicidal UV-C LED Air Purification Technology from AeroClean. It was proven effective at eliminating harmful airborne microorganisms. The projected Earnings Per Share (EPS) looks great for the long term.
Short Human War Technology: NYSE:HEI
We're betting in the overpriced HEICO Corporation PE ratio of 46.5x against its peer average 27.3x and also its low Return on Equity 13.4%.
This long & short is asymmetric and should be unpaired when NYSE:HEI confirms the market balanced its price with its sector peers.
Currently this pair is under 0.09 ratio which means the asymmetry is much stronger for the long run at 1.00 ratio target (diamond hands will be rewarded accordingly).