HBI: Adding Hanesbrands to Investing Ideas (Short Side)

07/20/17 02:57PM EDT

Below is a note from Hedgeye CEO Keith McCullough on why we're adding Hanesbrands (HBI) back to the short side of Investing Ideas:

"Now that US Equity Beta has ramped right back up towards the top-end of my refreshed 2 (SPX) risk range, we can start to signal SELL again in some of our favorite US Equity shorts. 

Brian McGough remains The Bear on Hanesbrands (HBI). He gave a presentation to our Institutional Research subscribers earlier this week and I quite like his long-term TAIL risk view of the company's equity shares."

HBI: Adding Hanesbrands to Investing Ideas (Short Side) - hanesbrands

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