Should I Buy Hanesbrands (HBI)? Finance YouTuber Analysis

The YouTuber recommends Hanesbrands (HBI) for its attractive 7.3% dividend yield, despite recent stock jumps. The company has a strong commitment to investor returns, having doubled its payout over a decade without cuts. HBI owns 70% of its manufacturing, giving it control over its supply chain and costs, and trades at a low price-to-earnings multiple of eight times, offering diversification from REITs.

“shares of Haynes brand ticker hbi has jumped recently but which has brought the dividend yields lower but it still offers an attractive 7.3 percent dividend.”

The YouTuber sees Hanes Brands as a 'sleeping giant' with significant upside, despite poor 2022 performance due to supply chain issues and a cyberattack. They believe the market overcorrected and that the company's strong foothold in low-cost apparel will perform well in a recession. The consistent dividend payout, substantially higher than the sector average, also makes it attractive.

“overall I believe there's a lot of upside with Haynes Brands and their dividend is very strong”