Companies That May Turn Around
COH – Coach Inc.
In the early morning press release, Coach said that it is going to open the first Hong Kong global flagship store in summer 2008, in the Lan Kwai Fong area located near Central (Link). This is very good news considering Hong Kong is the shopper’s heaven.
Coach, Polo Drop on Analyst Downgrades
Even though Goldman Sachs downgrades Coach, I still believe that Coach will do just fine in the next few months. The core business is still intact and sales are stable because women are continuously buying Coach bags.
Tagged as: analysts, coach, downgrades, estimates, goldman sachs, polo ralph laurenSome Stock Picks
LULU – Lululemon Athletica Inc.
This is a very interesting stock just like Crocs. Both companies sell unique products so one can easily distinguish them from others. Crocs sells rubber shoes with holes while Lululemon sells athletic Yoga apparel that are made by natural materials such as seaweed.
Recently, in November ‘07, Lululemon got criticized because they [...]