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Gildan’s drop: a buying opportunity?

On December 1st, Gildan, the sportswear manufacturer, warned investors that it would realize a loss next quarter and lowered its 2012 full year forecasts. The stock has reacted strongly, falling from $24.50 to $16.50 before recovering slightly. At this price and considering the latest forecasts, what should we do with this stock? 

Read this French article on Les Affaires

Claret

Claret

Author

  • Claret
    Claret Asset Management specializes in offering portfolio management services to high net worth clients. We are completely independent and free of conflicts of interest. Claret was founded in 1996 with the objective of answering the growing needs of private investors.

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