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Two of the most-hated stocks on Wall Street could be best recovery plays, traders say

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Two of the most-hated stocks on Wall Street could be best recovery plays,traders say (via TradingNation)

"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.

 

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