Wells Fargo believes that Hanesbrands could be approaching a positive turning point and recommends buying the stock. The firm says that many of the headwinds that the company experienced in 2016 could subside this year, while its Fresh IQ initiative "and improved performance in basics" should boost its organic growth. Moreover, Wells says that the brands acquired by the company are beating expectations, while it is better positioned than many of its peers to cope with possible upcoming trade and import restrictions. Wells keeps an Outperform rating on the stock.