Jay Van Sciver shares his thoughts on Industrials and Materials for 2023

Jay Van Sciver, Head of Industrials and Materials at Hedgeye, shares his thoughts on industrials and materials in 2023. Automobiles, Elon Musk, rails, Norfolk Southern, geopolitical commodities landscape - this podcast runs the gamut; tune in to hear Jay's takes on it all.

For more information about Hedgeye, please visit: https://app.hedgeye.com/insights

Chapters:

[0:00] Introduction + Episode sponsor: Hedgeye

[1:07] Industrial Sector overview: quick takes on VW, Porsche and other auto makers

[5:31] Additional thoughts on Volkswagen and Lucid

[7:53] Corporate governance issues: specifically referring to Jay's take on Elon Musk

[13:27] Brand awareness of Tesla vs other EV brands

[19:40] Is now the right time to short Tesla?

[25:32] Why does the Porsche short trade exist?

[30:55] Jay's bearish case for Uber

[38:25] Additional thoughts on industrials, specifically, Jay's thoughts on rails

[44:20] Understanding Rails' valuations

[48:05] Opportunity in Norfolk Southern?

[48:59] Materials Jay is looking at

[52:52] Closing remarks

Today's episode is sponsored by: Hedgeye

This podcast is sponsored by Hedgeye. Hedgeye does fantastic work, and I think that shines through in the conversation we have today. If you like the conversation and are interested in learning more, please check out hedgeye at hedgeye.com