
TSE:GIL
This summary was created by AI, based on 4 opinions in the last 12 months.
Gildan Activewear Inc. has received mixed reviews from experts, reflecting both caution and optimism regarding its current market position. On one hand, a prominent review highlights a 23% drop today and suggests that it may be starting a new downtrend, particularly if the stock price bounces off the $60 level. Conversely, several experts commend Gildan's management quality and the strategic acquisition of Hanes, which is expected to create substantial opportunities for growth. The company is noted for its vertically integrated supply chain, which provides a competitive edge, allowing them to expand margins while other peers struggle. Overall, the company is perceived as having solid growth potential, with analysts suggesting a significant upside based on optimistic price targets.
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.
Just announced that they are looking to expanding some of their spinning facilities. They are always expanding their manufacturing facilities globally.