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Stock Market & Financial Investment News

News Breaks
February 28, 2014
08:42 EDTHBIHanesbrands shares should be bought, says Buckingham
After attending Hanesbrands' Investor Day, Buckingham believes the company is building brand and pricing power, while its supply chain is driving margin expansion. The firm reports that the company expects to further increase the operating margins of its Activewear unit, and the firm keeps an $83 price target and Buy rating on the stock.
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August 19, 2014
08:03 EDTHBICarter's has favorable risk/reward, says Goldman
Goldman said cotton prices are at a 5-year low and basic apparel companies Carter's (CRI) which is Buy rated, Gildan (GIL), and HanesBrands (HBI), both Neutral rated, are the most leveraged to the lower prices. The firm believes Carter's offers the best exposure to lower cotton prices and notes leadership in kids apparel and branding offering.

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