Below are four videos via HedgeyeTV with updates on some of our analysts' top long and short ideas following quarterly earnings. Each provides the key takeaways from the quarter in sixty seconds or less. (Click here to subscribe to our YouTube channel.)
Our Restaurants analyst Howard Penney's favorite long call in the sector, McDonald's (MCD). Penney made the bold call back in August that MCD would never trade below $100 again. That's proven prescient. The stock is up +17% since versus down -12% for the S&P 500.
2. Ralph Lauren
Retail analyst Brian McGough said in a recent research report that Ralph Lauren (RL) is "uninvestable at almost any price." It remains on McGough's Long bench because "it might take a while to get paid" ahead of "yet another restructuring."
LinkedIn (LNKD) was on Hedgeye Internet & Media analyst Hesham Shabaan's long side but after noting "a deteriorating selling environment and expecting light guidance for 2016" he added it to the short side. Smart move. Earlier in the month, LNKD fell off a cliff and is about 50%. Here's what you need to know now.
Another Shabaan short call, Yelp (YELP) "is still chasing consensus estimates while its model continues to unravel. Apparently it hasn't learned much from its mistakes in 2015." The stock is down -45% year-to-date.