I didn't have time to post about this the other day, but the "food and breasts" stock has come out today. Sara Lee, the food company spun off its apparrel division as a separate company: Hanes. The new company includes Champion sweatshirts, Hanes Underwear, Playtex bras, Wonderbra, Barely THere and Just My Size. As part of my "research" I've been asking hot girls I know to email me pics of themselves in their underwear, but no such luck yet. Can't blame a man for trying though. Anyway, I'll do a beter analysis of this stock on my stock site soon, but if you want to buy in, now's probably a good time to do it. Other apparell manufacuterers trade at 12-14 times earnings (with some as high as 17x). Hanes, which is number 1 or 2 in every category it competes in (second only to Victoria's Secret and Fruit of the Loom in some) earned 1.80 in pro forma earnings last year. At 12-14 times earnings that yeild a price of $21.60 - 25.20. (if you figure a multiple of 17x earnings, you get a price of $30). Plus Hanes is shifting a lot of its operations overseas so that should lower costs n the futre, which will help earnings.
Again, this is just my opinion. I'm not a professional and am NOT telling you to buy this stock. This is just an idea to get you started in your research. Do your own research and decide if you want to buy it. DOn't buy because some random guy on the internet (who may not know what he's talking about) told you about it.