Gildan Activewear Inc.
GIL-T
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About Gildan Activewear Inc. (GIL-T)
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They reported a strong quarter recently and the stock surged 20%. It is well managed with good growth opportunity. The longer term growth opportunity remains good.
They reported a strong quarter recently and the stock surged 20%. It is well managed with good growth opportunity. The longer term growth opportunity remains good.
He would be wary of this stock. They have had a pattern of disappointing earnings, and not likely out of the woods yet. There is political unrest in Nicaragua where they operate.
He would be wary of this stock. They have had a pattern of disappointing earnings, and not likely out of the woods yet. There is political unrest in Nicaragua where they operate.
Hold off right now. A lot of people lost money. The drop is a very negative sign. High volume not super significant yet. Probably more downside. Earnings next week, but this is like roulette with a 50/50 chance of going up. Even if it didn’t drop, only about a 1.7% yield, no positive uptrends, so wouldn’t buy, wouldn’t hold.
Hold off right now. A lot of people lost money. The drop is a very negative sign. High volume not super significant yet. Probably more downside. Earnings next week, but this is like roulette with a 50/50 chance of going up. Even if it didn’t drop, only about a 1.7% yield, no positive uptrends, so wouldn’t buy, wouldn’t hold.
(A Top Pick January 20/17 Up 11%). Earlier in the year there were concerns the Trump Administration would institute a border adjusted import tax, but this seems to have faded away. They are a low cost producer and he continues to like it. Good company with a great balance sheet.
(A Top Pick January 20/17 Up 11%). Earlier in the year there were concerns the Trump Administration would institute a border adjusted import tax, but this seems to have faded away. They are a low cost producer and he continues to like it. Good company with a great balance sheet.
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