HBI - to my knowledge, there were no new data points on this Company since it was posted on the Interest List on 3/22. The only thing that I can point to regarding its 41% run is the general bounce in the market, and specifically retail. Although, my price target for HBI's stock was based on a very conservative valuation methodology, it has indeed reached that target.
Although the stock does not look particularly expensive on most metrics, the margin of safety to the downside is no longer in place. While HBI returned 41.80% in the time since it was placed on the interest list, the S&P 500 returned 11.45%. I am removing it from the interest list.
-2outof4
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