Shares of Warby Parker (WRBY) are higher after said the stock could be a “10-bagger” in fives years, beginning in 2026. Hedgeye analyst Brian McGough is hosting a “Best Idea Long” presentation on December 9 to discuss why Warby Parker will be the “retail stock to own in 2026.” Warby’s balance sheet “is stellar, and McGough thinks the excess cash goes to build an international brand/footprint, which so few geo-centric businesses in retail can do,” Hedgeye said on its website. Shares of Warby Parker are up 8%, or $1.47, to $20.26 in midday trading.
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