UNIT - Uniti's Bombshell Trial Loss Flips The Risk/Reward Thesis
This article was co-produced with Dividend Sensei.
Longtime readers know that dividend safety is the primary thing we’re concerned with, and thus high-risk spec buys are few and far between from us. Uniti Group (UNIT) is one of the few we’ve been recommending, because we believed it offered a high enough reward/risk ratio to make it appropriate for highly risk-tolerant investors to take a 1% to 2% stake in.
We are updating our recommendation from Spec Buy to Sell.
But the thing to remember about spec buys is that they are high-risk