"Hanesbrands at some point is going to stage a comeback. I mean, this commando situation can't go on forever," Sanchez told CNBC's "Hanesbrands has short interest at 10% of its float. The stock has rebounded hard off its lows, rallying nearly 130% since its early April bottom.
Delano Saporu, founder of New Street Advisors, is watching a different consumer stock with high short interest.what you really want to see is execution. So, can they improve?" he said during the same "Trading Nation" segment.
On the travel stocks with high short interest, Saporu says these are ones to avoid until there's clarity on the pandemic front.
TradingNation Let's Walmart
TradingNation Njah! Riding with Electrolux here.
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Wall Street's top analysts see stocks like Dropbox and Lumentum as compelling opportunitiesYour weekend brief: Wall Street's top analysts see stocks like Dropbox and Lumentum as compelling opportunities Trading wouldn't be something I'm interested in. More mega-deals 😉 I haven't good any feedback on the potential 5g deal yet. Larry Fink said 7% I believe.
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