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Today, Sara Lee (SLE) spun off Hanes (NYSE:HBI). This is the popular underwear maker that leads in the men's segment and is second only to Victoria's Secret in women's underwear.

The last consumer brand that Sarah Lee spun off was Coach, which has been a resounding success. Credit Suisse just came out with a $25 price target on Hanes, however, I believe it is a conservative estimate considering HBI is in a non-seasonal, non-cyclical business. I recommend you get some Hanes on you fast. It looks like a safe yet profitable bet.

SLE vs. HBI

Source: Hanes Will Make a Snappy Spin-Off