LEVI - Carter's: With A 4.4% Yield Pullback To Key Support Is A Buying Opportunity
2024-04-15 15:48:38 ET
Summary
- Carter's is a leading apparel company for babies and young kids, selling through major retailers and company-operated stores.
- Baby and toddler apparel is a stronger category due to consistent spending and affordability.
- Carter's stock has experienced a pullback, trading at a key support level, with the potential for slow and steady growth and a high dividend yield.
Carter's, Inc. ( CRI ) is a leading apparel company for babies and young kids. It owns some of the best-known brands in the industry, including (of course) Carter's, as well as Oshkosh B'Gosh. It sells at Walmart ( WMT ) under the "Child of Mine" brand name, at Target ( TGT ) it sells under its "Just One You" brand, and at Amazon ( AMZN ) it sells under the "Simple Joys" brand. In addition to these brands, it also owns "Little Planet" which offers organic fabrics, and others. Carter's sells its apparel products through the largest retailers named above, but it also sells through more than 1,000 company-operated stores, which are located in the U.S., Mexico, and Canada....
Carter's: With A 4.4% Yield, Pullback To Key Support Is A Buying Opportunity