Viewing Company Hanesbrands | StockChase
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Compiling comments that experts make about stocks while on public TV.

Hanesbrands Stock Symbol: HBI-N

Last Price Recorded: $23.5500 on 2017-07-21

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Date Signal Expert Opinion Price
2017-05-19 PAST TOP PICK John Petrides

(A Top Pick Feb 9/17. Up 3%.) Pressure on retail has hurt them. In 2012, cotton prices spiked. The company had a tremendous amount of debt. Management was focused on using their cash to pay down debt. At the same time, they embarked on a strategy called “Innovate to Elevate” an innovative commoditized category to elevate margins. They did so by imprinting tags on undershirts, etc. rather than having labels. Because of that they’ve been able to charge higher prices to get better margins. At 9X earnings, this is a very, very cheap stock.


Price:
$20.720
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2017-02-09 TOP PICK John Petrides

They disappointed investors except with the multiple.  They tripled the dividend in 3 years.  It has a 3% yield.  They spent a lot of time in cash, buying back stock.  They are classified as consumer discretionary.  He does not think underwear in discretionary.  (Analysts’ target: $27.54).


Price:
$20.240
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
2016-05-11 COMMENT John Burke

Has an aversion in general to retail, but if he were going to buy retail stock, he would rather buy a manufacturer. Retail does poorly in a recession, and it tends to be cyclical. This one is not much of a global player, and a play that should be successful in a declining US$, which will help the multinationals. He would rather focus on those.


Price:
$26.850
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 3 of 3 entries

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