The vultures are circling Hanesbrands - HBI - after the company eliminated the dividend. The stock plunged to close Friday at $6.55. There is actually a lot to like here. The brands are decent. Hanes has 20-30% market share, and the Champion brand can even be found at stores like Macy’s.
Vultures, Bears, & Natural Gas
Vultures, Bears, & Natural Gas
Vultures, Bears, & Natural Gas
The vultures are circling Hanesbrands - HBI - after the company eliminated the dividend. The stock plunged to close Friday at $6.55. There is actually a lot to like here. The brands are decent. Hanes has 20-30% market share, and the Champion brand can even be found at stores like Macy’s.