So 8 new stocks were added to the list of 11 stocks identified previously, of which 1 is rated a buy by Morningstar, namely Carter’s (NYSE:CRI). Doing further research, I came across the following article by MagicDiligence that provides useful information concerning CRI. But what really raised my interest was this article by Morningstar that identified CRI as a top 4 takeover candidate, with the top 2 already having been acquired. Once again, the stock price of CRI has corrected somewhat in the past few days so I felt comfortable in purchasing shares.As always, please do your own due-diligence.
Disclosure: I am long CRI.
Additional disclosure: Positions could change at any time.