E Daily Stock Pick: Gildan Activewear

A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of four consumer cyclical sector stocks poised to join my Volio folio this week. This could be my thirty-ninth pick for Volio!

That consumer cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

My subject today is a mid-cap apparel manufacturing company named, Gildan Activewear Inc. Its trading ticker symbol is GIL. This is my first-ever report on Gildan Activewear Inc. Here goes...

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America. The Montreal-based company generates most of its sales in the U.S. and was incorporated in 1984

It offers its products through wholesale distributors, screen printers/embellishers, and retailers, as well as through its e-commerce platforms.

The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995.

Gildan Activewear Inc. was incorporated in 1984 and is headquartered in Montreal, Canada.

I use three key data points to gauge dividend equities or funds like Gildan Activewear Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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