Brian McGough is moving Beyond (BYON) to the top of his “Best Idea” Long list following his conversation on Friday with Executive Chairman Marcus Lemonis and hearing what Lemonis has in store for the retailer during the exclusive Hedgeye webcast.
“You didn’t miss [the stock move] because it’s going to double from here, and I think next year it’s going to double again,” Hedgeye’s Retail analyst explains in this clip from The Call @ Hedgeye.
Keith McCullough warns investors to temper expectations and stick to the process.
“It can easily go [down] to $30 by the end of the week, then you can buy it there, which is the low end of the range,” explains McCullough. “Right when you think it’s never going to go down, it will.”
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