Gildan Activewear Inc. (GIL.TO)

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.

Very well managed company. If the price of cotton holds where it is, they should continue to do well. Not super expensive, only trading at about an 18X multiple.

Got nervous about this when the price of cotton got beaten up. That has all settled down. Management has shown again that they are great management. Good product. Have the market on T-shirts nailed down and he thinks that is likely to continue. If you are a long-term investor, this will do okay, but wait for the market to settle down.

Solid, well managed company. Decent growth company. A good solid bet.