Market Makers Are Overpricing Iron Mountain’s (IRM) Options Tail—This is How You Can Take Advantage

Although it’s a boring enterprise by default, information management specialist Iron Mountain (IRM) may be one of the most compelling names for contrarian speculators. You see, IRM stock appears to be a dud, with the Barchart Technical Opinion indicator rating it a 72% Strong Sell. That’s not exactly a ringing endorsement.

Further, while IRM stock enjoys a Moderate Buy assessment among Wall Street analysts, among 10 experts, one of the ratings is a Hold while the other is a Strong Sell. Sure, seven other analysts view IRM as a Strong Buy and a lone bull rates it as a Moderate Buy. However, the more skeptical opinions stand out, simply because the security is down almost 13% year-to-date.