Gildan Activewear Inc. (GIL.TO)

The kind of company that benefits from a weaker loonie. It has been a very, very well-run company. A tremendous creator of wealth for its investors. Doing a lot of business for Under Armour (UA-N). A little bit rich here, but they continue to drive costs down and acquire product lines and businesses. Really strong operators.

Has done amazingly well over the year with double digit growth. If they maintain that he believes you will get your 10% this year. This is a stock he would prefer to buy on a 10-15% pullback.

35% annualized dividend increases. They had a messy quarter so are weak right now. They are a low cost producer. They are set up for outsized growth later on.

Manufactures T-shirts and socks, and more recently purchased a hosiery company based out of Montréal. They're very good at what they do. Tends to always trade at a fairly high multiple. There is volatility in cotton prices. A high quality consumers’ product name that will probably do okay for the next few years.

Recently looked at this and it is a company that deserves close attention. There has been a drop in cotton prices recently, which could be a big boon to their margins. Also, they are looking to expand their market share and potentially get into new products. These things have all had very big moves. A big component of their profitability is cotton prices, so you have to keep your eye on the weather. A low-margin product with a big input cost. He would not likely own this one.

Ranks in the top 5% of his database. Earnings are expected to grow 19% in 2014 and 13% in 2015. Reasonable PE of 23%, well above normal. They continue to grow by 1) acquisition and 2) by internal expansion. Thinks it has a great outlook by moving into areas beyond T-shirts.

Closed at $62.79 yesterday and his model price is $69.50, an 11% upside. However, he has EBV+5 and this seems to be following along that structural level. A year from now EBV+5 is $76.25.

Has been a good performer. Well managed company and has been going for a long time. Had a huge run in the last 2 years and he doesn’t think you could expect more than maybe 10% to the upside. Good solid value and it might be an opportunity if we get a further correction.

An excellent holding. Growth prospects are tremendous, predominantly from the capacity expansion that they are undergoing. Have been somewhat constrained in growing their top line, predominantly because they have not had this excess capacity. However, they have managed to migrate the company and position themselves very well in terms of additional distribution capacity and getting into new verticals and basically going out of the print wear segment and more into the retail segment. Still lots of room to go.

Very rare when you have a Canadian company that is a world leader in what they do. 70%+ market share which has being growing. Low margins, but they have the volumes and he believes they are going to continue to grow that space. What is really exciting about the story is that they are manufacturing everything that they can sell. Demand is the key driver here. Have a fully funded growth pipeline that allows them to grow bottom line 15%-20% in the next 3 years. Trading at 15-16 times forward earnings and should trade at about 18 times. Yield of 0.86%.

Technically, right now, the trend for the stock is down. Also, it is underperforming the Canadian market. It is also trading below its 20 day moving average.

Very impressed with the story when looking at all the details and what they are doing. Right now it represents a pretty decent entry point. Seem to be very focused on growing their business and are cutting costs. Expect they are going to make some acquisitions and get new license deals.

Dominant manufacturer of printed T-shirts, fleeces, etc. the basic stable clothing items you need. Strong history of growth on the print ware side, basically through capacity expansions. Their competitive advantage is that they have very low cost manufacturing operations. Also, made a number of strategic acquisitions over the last couple of years. Going from about 78 million dozens to about 105 million dozens over the next couple of years. Looking to do a further expansion from 2016 on, likely in Nicaragua or Costa Rica. Dividend yield of 0.82%.

Has done very well. They are in a tricky business because of the problems in the price of cotton. They run a tight ship and just keep rolling along. Expect they will continue to do what they have done in the past. Had a little bit of a pull back so now might be the time to step in. Or, if you want, you could buy a half position now and the rest later.

Just announced that they are looking to expanding some of their spinning facilities. They are always expanding their manufacturing facilities globally.