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A recent article in Barron's entitled Why Fossil Can Rock (available only to subscribers), has the author waxing optimistic about accessory designer Fossil, Inc. (NASDAQ:FOSL). In fact, the optimistic writer begins the story with a simple statement: "The timing seems excellent for Fossil stock."

The writer contends Fossil offers an appealing value to consumers, considering the stock is trading at just 16 times earnings. Additionally, a portion of Fossil products are branded under the Michael Kors Holdings Ltd. (NYSE:KORS) name, a luxury retailer projected to earn "$4.4 billion in yearly sales by its fiscal year ending March 2017, according to FactSet data." Summing it up, the author concludes, "With Fossil shares, investors have an opportunity to ride the Michael Kors momentum in coming quarters while reducing potential losses if the brand falls out of favor."...............................


Read more: http://www.minyanville.com/trading-and-investing/stocks/arti...

And the story continues with info on option buyers getting heavier on FOSL puts, etc.
At the torrid pace of store openings and SSS, $4.4B may be conservative.
Current run rate now is $2B+.

JT
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