Hot Promising Companies To Buy Right Now: Kate Spade & Company(KATE)
Advisors' Opinion:- [By Ben Levisohn]
Coach shares likely to take a breather here after recent slew of sell-side upgrades and expectations already raised heading into the print. We thought the Kate Spade (KATE) news last week might have lowered the bar somewhat for Coach but a 2% US comp (despite a flat comp at factory) was at the low end of client expectations and initial FY2017 EPS guide seems in-line with prior guidance.
- [By Ben Levisohn]
Shares of Michael Kors Holdings have soared 24% to $49.99 at 3:23 p.m. today, while Kate Spade (KATE) has risen 1.9% to $18.19, and Coach (COH) has dropped 0.5% to $37.02.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-promising-companies-to-buy-right-now-2.html
