Below is a brief note from Hedgeye CEO Keith McCullough on why we're removing Realogy (RLGY) from Investing Ideas today:
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"On the heels of a rate of change slow-down in New Home Sales this morning and Realogy (RLGY) finally appreciating to the top-end of our intermediate-term TREND investment @Hedgeye Risk Range, I’m going to book what’s been a nice win for our Housing Research Team (led by Josh Steiner and Christian Drake)." |
No change to our Housing team's fundamental research view. Click here to read our analyst's original report.
