Brian McGough from Hedgeye on the (dismal) State of Retail
Yet Another Value Podcast
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The Bull Thesis on a $90 Stock
Randall: Is the bull thesis? Hey, we didn't do enough work here. The core earnings number is about 10 that they present. So it's a $90 stock we're buying at nine. That's pretty cheap for consumer brands. Or is there something smarter here? It's that the company's going through a cost cutting program and I don't like it. But you know, other people who are bullish are going to point to the fact that the company just put down organic sales across its whole portfolio of 20%. And that we simply hit bottom.
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