Hedgeye CEO Keith McCullough took a trip down memory lane with our Restaurants analyst Shayne Laidlaw on a recent edition of The Macro Show.
McCullough went back to his early days on Wall Street, and strapped on his analyst helmet regarding Starbucks (SBUX) after a subscriber asked the following question:
“Can you point me to a couple metrics besides same-store-sales that are useful when comparing restaurant stocks?”
In his answer, McCullough goes back and forth with Laidlaw. Both explain why they think the stock is a short.
Watch the full clip above for a more detailed look into our research process.
