Treasury yields rose Monday after market participants sold government paper in anticipation of bond auctions throughout the week, and as they awaited speeches by senior Federal Reserve officials.
The 10-year Treasury note yield
climbed 3.4 basis points to 2.724%, while the 30-year bond yield
was up 2.8 basis points to 3.058%. The 2-year note yield
was also up 2.4 basis points to 2.532%. Bond prices move inversely to yields.
Hot Stocks To Buy For 2021: Hanesbrands Inc.(HBI)
Hanesbrands Inc., a Maryland corporation (collectively with its subsidiaries, “Hanesbrands,” “we,” “us,” “our” or the “Company”), is a socially responsible manufacturer and marketer of leading everyday basic apparel under some of the world’s strongest apparel brands, including Hanes, Champion, Maidenform, DIM, Playtex, Bali, JMS/Just My Size, Nur Die/Nur Der, L’eggs, Lovable, Wonderbra, Flexees, Lilyette and Gear for Sports. We sell bras, panties, shapewear, hosiery, men’s underwear, children’s underwear, socks, T-shirts and other activewear in the Americas, Asia, Australia and Europe. In the United States, we sell more units of intimate apparel, male underwear and children’s underwear than any other company. Unlike most apparel companies, Hanesbrands primarily operates its own manufacturing facilities. More than 80 percent of the apparel units that we sell in the United States are manufactured in our own plants or those of dedicated contractors. Advisors’ Opinion:
- [By John Ballard]
Wall Street is 10 years into a bull market, which makes it more challenging to find stocks that offer multibagger potential. But today I’m going to tell you about three stocks — Intel (NASDAQ:INTC), Activision Blizzard (NASDAQ:ATVI), and Hanesbrands (NYSE:HBI) — that all have the potential to double in value within the next five years.
- [By Max Byerly]
HBI has been the topic of several recent analyst reports. Citigroup lifted their target price on Hanesbrands from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, December 3rd. Wells Fargo & Co reduced their target price on Hanesbrands from $18.00 to $14.00 and set a “market perform” rating on the stock in a report on Wednesday, January 2nd. Zacks Investment Research lowered Hanesbrands from a “hold” rating to a “sell” rating in a report on Thursday, January 3rd. Deutsche Bank lowered Hanesbrands from a “buy” rating to a “hold” rating and reduced their target price for the stock from $24.00 to $16.00 in a report on Friday, January 11th. Finally, Barclays set a $16.00 target price on Hanesbrands and gave the stock a “hold” rating in a report on Friday, January 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.53.
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- [By Shane Hupp]
Get a free copy of the Zacks research report on Hanesbrands (HBI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By John Ballard]
Shares of Hanesbrands (NYSE:HBI) climbed 24% in value last month, according to data provided by S&P Global Market Intelligence.
Investors got excited about the company’s turnaround efforts when it issued a better-than-expected fourth-quarter earnings report in early February.
Hot Stocks To Buy For 2021: Art's-Way Manufacturing Co., Inc.(ARTW)
Art’s-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, pressurized steel vessels, and steel cutting tools. The companys Agricultural Products segment offers specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; stalk shredders; hay and forage equipment; portable grain augers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; moldboard plows; potato harvesters; reels for combines and swathers; snow and silage blowers; and after-market service parts under the Arts-Way, Miller Pro, Roda, M&W, Badger, and UHC by Arts-Way brands. Its Pressurized Vessels segment offers steel vessels and containment systems for water treatment, air receivers, refineries, co-generation, chemical, petrochemical, storage tanks, agriculture, marine, refrigeration, hydro pneumatic, heavy equipment, pharmaceuticals, and mining industries. This segment also provides custom CAD drawing, welding, interior linings and exterior finishing, passivation of stainless steel, hydrostatic and pneumatic testing, installation of piping, and non-destructive examination and heat treating, as well as skids designing, building, and finishing services. The companys Modular Buildings segment constructs swine buildings and complex containment research laboratories, as well as research facilities for academic research institutions, government research and diagnostic centers, public health institutions, and private research and pharmaceutical companies. Its Tools segment offers standard single point brazed carbide tipped tools, and polycrystalline diamond and cubic boron nitride inserts and tools. The company sells its products through independent farm equipment dealers, manufacturers representatives, direct sales, and original equipment manufacturer sales channels worldwide. The company was founded in 1956 and is based in Armstrong, Iowa.
- [By Max Byerly]
Hain Celestial Group Inc (NASDAQ:HAIN) has been assigned an average rating of “Hold” from the nineteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $28.64.
- [By Todd Campbell]
The board’s lead independent director, Irwin Simon, will serve as interim CEO until the company finds a permanent chief executive. Simon founded organic natural-foods company Hain Celestial Group(NASDAQ:HAIN) in 1993.
Hot Stocks To Buy For 2021: Snap-On Incorporated(SNA)
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. It offers hand tools, such as wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools comprising impact wrenches, ratchets, screwdrivers, drills, sanders, grinders, and related products; and tool storage products comprising tool chests, roll cabinets, and other products. The company also provides handheld and PC-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, it offers solutions for diagnosis and service of vehicles and industrial equipment for various products, such as wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane systems, collision repair equipment, air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists. Further, the company provides financing programs to facilitate the sales of its products. It serves aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. The company was founded in 1920 and is headquartered in Kenosha, Wisconsin.