Hanesbrands: Hanes For The Holidays

We all find ourselves in strange places at times and Thanksgiving Night I found myself in line at Pink with my 15-year-old daughter. It felt a little like being at Six Flags as store clerks let 4-6 people in at a time from the 45-minute line bordered with ropes and flags on each side. As Christmas draws near, there is no doubt that stores like Pink and Victoria's Secret will dominate the tops spots in holiday fliers and well as your inbox alerts, but if you were to gift me one apparel stock this holiday season, I would take the maker of your tightie whities, Hanesbrands (NYSE: HBI).

Now, let's be fair. Hanesbrands manufactures much more than just tidy whities. Hanesbrands describes itself as a manufacturer of basic apparel and its brands include Hanes, Champion, Playtex, Bali, Wonderbra, Maidenform, JMS, and Gear for Sports. Hanesbrands sells more units of basic apparel in the United States than any other company and is increasing its international presence as we speak. Despite a recent uptick, Hanesbrands is down 15% in the last three months and 10.4% year to date. Let's dig into the details and see if Hanesbrands is a value stock should be on your holiday shopping list as well.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.