5 Top Stocks to Own in 2014: Michael Kors
Formally named, Gabrielle Bonheur Chanel, she was born in 1883 and revolutionized the fashion world when she made her come back in 1954. Her controversial relationship with the Nazis had distanced her from the Parisians. Dress shabbily, and they remember your dress Dress impeccably, and they remember the woman. – Coco Chanel This orphan girl had very humble beginnings. When Coco was 12, her mother died and her father gave her over to a boarding school. It is said that she made up stories of her biography to make herself appear from affluent beginnings.
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These are dismal numbers and management’s guidance did not point toward a promising year ahead. I believe Coach is untouchable in today’s market, regardless of how “cheap” its stock becomes. Tiffany has shown no troubles on the earnings front and it was actually looking to be well-positioned going into 2014. The company showed immense strength in its most recent quarter, exceeding analyst expectations on both the top and bottom lines, with earnings per share increasing 49% and revenue rising 6.9%. However, the story changed when Tiffany lost a $449.5 million lawsuit to Swatch; this lost lawsuit caused Tiffany to lower its full-year earnings outlook to $2.30-$2.35 from $3.65-$3.75.
Procured from: http://www.fool.com/investing/general/2013/12/30/8-top-stocks-to-own-in-2014-michael-kors.aspx