Takeaway: MDSO: Removing Medidata Solutions from Investing Ideas

Editor's note: An earlier email listed an incorrect return for the S&P 500.

We are removing Medidata Solutions (MDSO) from Investing Ideas today. Shares have risen +4% since it was added on January 5th.

According to Hedgeye CEO Keith McCullough:

My market view is getting less bullish and this one is tapping the top-end of my intermediate-term range, so I’d like to come back and signal buy again, lower  - like we did on the last short-term scare.

(REVISED) MDSO: Removing Medidata Solutions from Investing Ideas - mds1