Gildan Activewear: A Leader Stock in the Fashion Sky. The Hanesbrands Acquisition Creates a new Market Leader for Basics!

In recent days, US indices have consolidated. When stocks swing to new 52-week highs during such a phase, it catches our attention. Often, there are fundamental reasons behind it. Gildan Activewear is one such stock that manages to set the trend in isolation. With a price-to-earnings ratio of 13.8, the valuation does not seem too high. Gildan Activewear: the basics provider for the mass market Gildan Activewear (GIL) is much more than just a manufacturer of simple T-shirts. The Montreal-based company has developed into a global heavyweight in...