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:
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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
