KTB - Carter's: Taking A More Cautious Approach

2024-02-13 04:17:03 ET

Summary

• Carter's, a children's apparel company, has experienced underperformance over the past year or so with shares down 0.4% while the S&P 500 is up 24.4%.
• The company's revenue has declined by 9.3% in 2023, with weakness across all three operating segments.
• Despite attractive pricing, Carter's valuation is average compared to similar firms, leading to a 'hold' rating.

Self-reflection is one of the most important traits when it comes to investing. It can be difficult to determine whether an investment that is not working out the way you thought it was is underperforming because you just need to be more patient, or if it's because you were wrong, or due to fundamental conditions changing. Even when conditions do change, investors sometimes aren't quick enough to change their mind about the opportunity in question. But the more you reflect on the opportunities that you have looked at and on your own strengths and weaknesses as an investor, the easier differentiating these things becomes....

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