We Are Removing Hanesbrands (HBI) from Investing Ideas

01/29/18 03:45PM EST

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

While this idea from Retail analyst Brian McGough continues to generate alpha on the short side, I’d like to put it back on at a higher price. For now I’ll remove it, with Consumer Spending Style Factors signaling very bullish in our quantitative models.

***No change to McGough's fundamental short thesis on the company. Click here to read our analyst's original report.

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