Hedgeye CEO Keith McCullough is adding AMN Healthcare Services (AMN) to the long side of Investing Ideas.
Below is a brief note.
Looking for names that my analysts like that are signaling immediate-term TRADE #oversold within their Bullish @Hedgeye TREND independent research views?
AMN Healthcare Services (AMN) fits that profile, -1.2% here today...
Here's an summary excerpt from healthcare analyst Tom Tobin's most recent Institutional Research note:
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AMN - Conference commentary this week on increased utilization comes as no surprise given what our labor algorithm has been telling us for months. The labor market for nurses has been tight and continues to represent a tailwind for AMN. We've assembled the a number of data series that point to accelerating demand into year end. |
Buy on red,
KM
