Hanesbrands, Inc. (NYSE: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.
RSS Headlines
Fool UK
Recs
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.