WPG - Washington Prime Group: High Risk High Reward And How To Invest If You Are Risk-Averse
Thesis
Washington Prime Group (WPG) is priced for disaster, and mere stabilization, without any future growth, would more than justify the current share price. Bulls point out that redevelopment opportunities across the company's portfolio could result in improving results during the 2020s. On the other hand, bears rightfully point out that Washington Prime Group has a disastrous track record and that management has repeatedly overpromised in the past, which is why projections by management should be taken with a grain of salt.
Washington Prime Group's shares could generate strong total returns over the