YUM: Removing Yum! Brands from Investing Ideas

Takeaway: We are removing YUM from Investing Ideas.

Please be advised that we are removing Yum! Brands from Investing Ideas today.

According to Hedgeye CEO Keith McCullough, "I don’t want to be long it for the EPS report. I’d rather put it back on after that and have the activist optionality without the event risk."

Our long-term value thesis has not changed. We still believe this is a stock to own for the long haul. YUM continues to trade at a significant discount to its intrinsic value, making it one of our favorite long-term buys in the restaurant space. 

YUM: Removing Yum! Brands from Investing Ideas  - yum logo