Takeaway: We are removing APY from the short side of Investing Ideas today.

A quick note from Hedgeye CEO Keith McCullough:

Given our current Quad outlook in Q4 and the recent Oil shock, I’m looking for Energy longs instead of shorts. Fundamentally, our Energy analysts Alec Richards and Jesse Root remain bearish on APY’s earnings cycle. 

***No change to Energy analyst Alec Richards' fundamental short thesis on Apergy (APY). Click here to read our analyst's original report.