PAA Research Comments On Brink's (BCO)

PAA Research provided color on Brink's BCO in a research report published today. In the report, PAA Research states, "We first introduced BCO as a long idea in June of 2009. Admittedly, this has not been one of our best stock ideas. The stock has returned a relatively uninspiring 14% while the S&P 500 has surged 44% higher over the same time frame – not exactly the type of alpha generation you've come to expect from PAA Research. However on a YTD basis, the stock has done very well, gaining 23.4% compared to a 8.2% increase for the S&P 500." PAA Research notes several areas for increased enthusiasm of Brink's shares in the report, including Brink's completion of strategic acquisitions in India, China, Mexico, Brazil, and Russia.