Below is an excerpt from Hedgeye CEO Keith McCullough's Early Look note this morning:
In today’s Chart Of The Day, I’m showing you one of the other products we created during Phase 2 of Hedgeye: our new “F1” TOP STOCK PICKS product (which emulates Formula 1 in that each analyst has 2 “cars” or stock picks):
- They can pit-stop in-Game and change their car (i.e. the ticker) anytime they see a catalyst to do so
- Best examples of that were Freedman’s decisions to add both GOOGL and PINS the DAY before earnings
- If their car crashes (we stop them out at -12%), they have to give their car to the driver in the pole position
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