| Stock (Symbol) | Stock Price | |
Michael Kors (KORS) |
$76 |
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| Data is as of | Expected to Report | Sector |
October 3, 2013 |
Nov 4 – Nov 8 |
Retail & Travel |
| Sharek’s Take | ||
 Michael Kors is number one in the Growth Stock Portfolio until it truly gets knocked out because KORS is so strong that it’s not going to slip-up on its own. Check out these stats from last quarter: Profits +79&. Sales +55% (European sales +111). Same Store Sales +27% (European SSS +56). Stores increased to 328 from 253 a year-ago (+114 licensed locations). Everything is clicking with this company and I feel this is the top growth stock to own for the foreseeable future. I expect shares of KORS to rise exponentially in the coming years. |
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| One-Year Chart | ||
 Finally KORS stock is going up again. Last quarter the stock had a P/E of 24 and now the P/E’s 27 so even though the stock’s up from $62 to $76 (+23%) the stock’s really not much more expensive. I LOVE the quarterly profit growth KORS has been getting, and the company usually whips Estimates. |
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| Earnings Table | ||
 Last quarter the company had profit growth of 79% on a 55% surge in sales.KORS has been crushing earnings estimates ever since it came public. Last quarter’s 12 cent beat meant profits came in 24% over estimates. Most companies would kill for 24% profit growth, KORS kicks in an extra 24%. Annual Profit Estimates continue to surge higher.Quarterly growth is good and growing. This Earnings Table is near perfect, and proves KORS is the Champ of Growth Stocks. |
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| Fair Value | ||
 One thing I do not agree with is the analysts views that KORS should have an estimated Long Term Growth Rate of 27%. This is a 45% grower for the long-term. It deserves a 45 P/E. This stock should double by the end of 2014. |
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| Ten-Year Chart | ||
 This ten-year chart is perfect. The stock even gives opportunities for investors to get-in when it corrects. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
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Michael Kors is the Defending Champ of growth stocks and nothing else comes close to being as good. The company is growing rapidly and what makes KORS stand out from the crowd is its P/E is around half what it should be.Michael Kors is STILL the best stock available to investors. It’s ranked #1 in the Growth Portfolio and Aggressive Growth Portfolio Power Rankings. | |
Aggressive Growth Portfolio
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