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Meryl Witmer of Eagle Capital Partners Likes Gildan Activewear, Viacom

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Meryl Witmer spoke at the Ira Sohn investment conference on Wednesday. She is a general partner at Eagle Capital Partners. Limiting risk and investing in strong businesses with great free cash flow characteristics, at a significant discount to their intrinsic value, is the foundation of Eagle Capital's investment philosophy.

Witmer pitched two stocks Gildan Activewear (NYSE: GIL) and Viacom (NASDAQ: VIA).

She believes that Gildan Activewear is the lowest cost provider with a great management team. Witmer also stated that GIL is currently trading at less than 10-times after-tax cash flow. She believes GIL is worth between $38-50 per share.

Witmer's second pitch was Viacom. She believes that the company could be worth $95 per share in 2015.

Both Gildan Activewear and Viacom spiked higher during her presentation. Currently, Gildan Activewear is trading up 4.2% at $25.54 per share and Viacom is trading up over 2.75% at $52.41 per share.

Gildan Activewear is a marketer and vertically-integrated global manufacturer of basic, non-fashion apparel products for customers. It sells active wear products to screen print markets in North America, Europe and other international markets.

Viacom is an entertainment content company. The Company engages audiences on television, motion picture, Internet and mobile platforms through many of the world's entertainment brands. it manages its operations through two reporting segments: Media Networks and Filmed Entertainment.

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