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$18.72 -0.20 (-1.06%)
10/6/2008 4:06 PM

Hanesbrands, Inc. (HBI)

CAPS Rating:
**

The Company designs, manufactures, sources and sells apparel essentials products such as t-shirts, bras, panties, men's underwear, kids' underwear, socks, hosiery, casualwear and activewear.

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Avatar volatileasset (< 20) Submitted: 6/10/08 9:07 PM : Outperform Start Price: $33.58 HBI Score: -21.00

Hanesbrands is in the midst of a restructuring plan. The price of this stock reached a new 52-week high of $36.8800 on an intraday basis. Cramer states "That's a remarkable turn-around company.” I think it should be at least a 20% growth over the next 3-4 years. They focus on lower cost items, perfect for our uncertain economy at this time.

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