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Carter's (CRI) designs, sources, and markets branded childrens wear. The company provides products under the Carters, Child of Mine, Just One You, Precious Firsts, OshKosh, and related brand names.
Its Carters brand baby products include bodysuits, pants, undershirts, towels, washcloths, receiving blankets, layette gowns, bibs, caps, and booties; playclothes products consist of knit and woven cotton apparel; sleepwear products comprise pajamas and blanket sleepers; and other products consist of bedding, outerwear, swimwear, shoes, socks, diaper bags, gift sets, toys, and hair accessories.
The company also provides playclothes products, including denim apparel products, overalls, woven bottoms, knit tops, and playclothes products for sizes newborn to 12 under the OshKosh brand. In addition, it offers baby, sleepwear, outerwear, shoes, hosiery, and accessories under the OshKosh brand. The company sells its products in department stores, national chains, and specialty retailers, as well as through its Carters and OshKosh retail stores; and online at carters.com and oshkoshbgosh.com.
As of June 30, 2012, it operated 385 Carters and 166 OshKosh outlet and brand retail stores in the United States; and 73 retail stores in Canada.
Shares have formed a bullish "cup & handle" and higher prices are expected for this stock.
We are now hearing rumors of good news for this company. One of the rumors states that this stock will be named by the leading stock advisory service as one of its "top picks." This service is widely followed by mutual funds and institutional money managers. These investors have portfolios that mimic recommendations of this service. Their naming of the stock should lead to additional demand for the shares.
52-Week Trading Range: $29.23 - $57.62
Last Trade: $55.95
Stop Loss: $53.10
Target Price: $61.50
This trade has hit its stop-loss. Stockwinners is closing this position. Please adjust your stop-loss if you decide to stay long on this name.
