Trader Radar - Monday Apr. 21st
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. As the maker of the Wonder Bra and L’eggs, this company has outfitted celebrities such as Kevin Bacon and Michael Jordan. (Of course they wore boxers and briefs!) Today the Sara Lee spin-off reported first quarter earnings tripled due to cost-cutting efforts. Who is it?
A: On the trader radar tonight we’re watching Hanesbrands! Shares of this underwear company were among the most actively-traded on the NYSE today.