Gildan Stock Trades Near 52-Week High: Is It Worth Your Investment?

Shares of Gildan Activewear Inc. (GIL) have been on a strong upward trajectory, hovering near its 52-week high of $50.60, achieved on Monday. This surge in stock price is a reflection of the company's exceptional performance, fueled by the successful execution of its three strategic pillars: capacity expansion, innovation, and environmental, social and governance (ESG) initiatives.The recent rally follows Gildan’s impressive third-quarter fiscal 2024 earnings report on Oct. 31, when the company last hit thi ...