Back to top

Image: Bigstock

Gildan Activewear's (GIL) Shares March Higher, Can It Continue?

Read MoreHide Full Article

As of late, it has definitely been a great time to be an investor in Gildan Activewear Inc. (GIL - Free Report) . The stock has moved higher by 16.7% in the past month, while it is also above its 20 day SMA too. This combination of strong price performance and favorable technical could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider GIL’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as GIL has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.4% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Gildan Activewear, Inc. (GIL) - free report >>

Published in