PLCE: Adding The Children's Place to Investing Ideas (Long Side)

02/16/21 03:50PM EST

Hedgeye CEO Keith McCullough is adding The Children's Place (PLCE) to the long side of Investing Ideas. Below is a brief note.

Looking for more HIGH SHORT INTEREST names that Hedgeye likes on the long side? Here's one with 23% short interest that is for sale on #decelerating volume today. I like that similar set.

And summary statement from Retail analyst Brian McGough's Retail Pro product on why:

Takeaway: After 3-yrs of taking it on the chin, PLCE should see outsized margin gains and EPS nearly double consensus. 60% upside on base case model.

Buyem on red,

KM

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