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In light of these technical issues, we wanted to send you some additional complimentary Hedgeye content. Below we feature valuable investing insights from Consumables analyst Howard Penney, Health Care analyst Tom Tobin, Industrials analyst Jay Van Sciver, Communications analyst Andrew Freedman, Retail analyst Brian McGough and Financials analyst Josh Steiner.
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Consumables | Cannabis: Election Cheat Sheet & Adding Two Names To The Long Bias List
“Regardless of a Red or Blue wave, roughly 18 million people live in states where marijuana could be legal for adult-use after today’s election,” write Consumables analysts Howard Penney and Kosei Suzuki. “Both companies are well-positioned to take advantage of the GREEN wave that is moving across the U.S.”
Health Care | Morning Brief: The Recovery is Over, Period (Microquads TDOC AMWL ILMN ONEM)
“Last week was a busy one, capped off by health care SPAC HCCO and SOC Telemed completing their business combination,” write Healthcare analyst Tom Tobin, Justin Venneri and William McMahon. “While smaller and more niche than TDOC and AMWL, we look forward to having another public comp to scrutinize in one of the hottest segments of health care this year (HCCO/SOC Telemed shares and warrants begin trading on the NASDAQ today: TLMD and TLMDW, respectively).”
Industrials | The Dumbest Of Times, ROL, FCN, WAB, EXP
“Earnings season is always taxing but this season is particularly…dumb,” write Industrials analyst Jay Van Sciver and David Talbott. “Take ROL. That the company continued to function after the death of the Chairman is hardly surprising – baton passing underway! But control of the company - particularly after the other patriarch passes – that matters.”
Communications | Twitter: What Is Going On?
From Communications Andrew Freedman regarding Best Idea Long Twitter and the company’s recent filing: “8-k out after the close. $2B buy-back previously authorized, but now commencing this quarter. Also, the board is proposing to eliminate the staggered structure.”
Retail | Key Retail Callouts for the Week – 11/1
Retail analysts Brian McGough and Jeremy McLean provide critical callouts across the Retail industry with updates on…
AMZN/GIL/RL/TPR/CPRI/ELY/GOLF/Puma/MNRO/ORLY/BBBY/CHWY/CROX/SITC/LVMH-TIF/ASO/DKS/Reebok Sale/Guitar Center Ch 11?
Financials | ECPG: 3Q20 - More of the Same
“With current collections continuing to perform favorably, Encore is wisely biding its time in anticipation of greater bad debt supply,” write Financials analyst Josh Steiner and Drago Malesevic on Best Idea Long Encore Capital Group.
