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Hedgeye has something to say about the scare Yum Brands (YUM -9.7%) threw into the market over...

Hedgeye has something to say about the scare Yum Brands (YUM -9.7%) threw into the market over its comps in China. The firm notes previous sequential decelerations in China GDP Growth and Yum's sales in the nation haven't slammed the firm's earnings growth. The take: After being tagged a "China stock" a bit too vociferously by analysts, YUM is actually attractive at today's oversold level.
Comments (4)
  • jeborte
    , contributor
    Comments (20) | Send Message
     
    Couldn't agree more - $70 April Calls look "YUM"MY!!
    30 Nov 2012, 01:45 PM Reply Like
  • Christopher Owens
    , contributor
    Comments (124) | Send Message
     
    Why is traffic in China down 8-9% in YUM's restaurants? Seems kind of weird in a country with 8% GDP growth...hmmmm
    30 Nov 2012, 04:26 PM Reply Like
  • whidbey
    , contributor
    Comments (3391) | Send Message
     
    The is the question caper 84 suggests; It is worth answering. Is China faltering... more, or is YUM in trouble for other reasons. The gap down on Friday the 30th at EOM to major recent low, on high Volume, suggests that a whale has left the party. It seems to be a bellwether for avoiding YUM or China or Both. It is by no means a buy until you can workout what is happening.
    30 Nov 2012, 04:41 PM Reply Like
  • Christopher Owens
    , contributor
    Comments (124) | Send Message
     
    Thanks for answering my rhetorical question
    30 Nov 2012, 04:48 PM Reply Like
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