Buy the Dip in These 2 Oversold Apparel Manufacturing Stocks

The apparel manufacturing industry took a hit during the worst of the COVID-19 pandemic. However, with rising consumer spending, the industry rebounded last year. And because the demand for apparel is expected to remain strong this year, we think it could be wise to buy the price dip in quality apparel manufacturing stocks Under Armour (UAA) and PVH (PVH). Let’s discuss.

Apparel sales accelerated last year due to increased consumer spending. Reopening stores, introducing new fashion trends, adapting to customer preferences, and expanding their digital presence helped apparel manufacturers recover ground from their washout in 2020. Read more at Entrepreneur.