KORS For Sale
Looking at the official top 50 the other day, I was surprised to see KORS make the list. I have always thought this was a "high flier" growth stock. But apparently it has come to earth. It is like an instant replay of LULU, which came on the charts for a very brief cameo last summer a nudge under $40. They solved their issues (was it transparent yoga pants) and are up 50% since then. Will the same be true for KORS?
I will certainly strongly consider for my May tranche. It would be nice to have some retail. I was surprised to see that KORS now has more in annual sales than COH.
AWRE had earnings last night (Aware, Inc. Reports First Quarter 2015 Financial Results). I felt they were sub-par. Just because a stock is in a high tech industry obviously doesn't mean their stuff will sell.