Hedgeye Health Care analyst Tom Tobin and Hedgeye CEO Keith McCullough break down the characteristics of bubble stocks and the broader outlook for the health care sector in this clip from The Call @ Hedgeye.
Tobin highlights Tempus AI (TEM) as a “screaming short” but emphasizes that a shift in the Hedgeye Quad outlook is necessary before taking action.
“Health care isn’t breaking trade or trend right now… but I’m keeping a close watch as underlying factors are deteriorating. There’s a rot here that looks really interesting to me,” Tobin explains. “If the sector breaks, names like [Tempest] will follow, so I’m sizing this one up.”
McCullough adds, “If there’s a Nancy Pelosi factor exposure at Goldman Sachs, I wouldn’t fade that until we’re out of Quad 2 [growth & inflation accelerating].”
For more expert stock insights, tune in to The Call @ Hedgeye.
