“Gildan Activewear, Inc. (GIL) is executing well in the apparel space. The vertically-integrated activewear and underwear maker earned 32 cents a share in its fiscal first quarter on $421 million revenue. EPS and revenue exceeded analysts’ forecasts by 7% and 5%, respectively. Seeing continuing benefits from its Gold Toe brand acquisition and lower competition, Gildan has raised its full-year revenue forecast.
“Gildan shares appeal to investors seeking growth-at-a-reasonable-price. They yield 1.0% and trade at 12.9X forward EPS versus prospects for EPS to grow nearly 38% in the next 12 months. Buy Below: $33.35. Sell Above: $37.85. Stop Loss: $21.60. Risk Rating: Average.”
Sam Subramanian, AlphaProfit Sector Investors’ Newsletter, February 2013
