1 Luxury Stock With Room To Run
The following video is from today's MarketFoolery podcast, in which host Chris Hill, Alex Scherer, Charly Travers, and Joe Magyer discuss the latest business news. Shares of Fossil ended the day up more than 31% after second quarter profits came in higher than expected. It was enough to boost other luxury stocks, like Coach and Tiffany. In this segment, the guys analyze why investors shouldn't get too impressed with these quarterly results, why Europe is less of a challenge for Fossil, and why the stock still has room to run.
For investors seeking dividend-paying stocks trading at bargain basement prices just check out The Motley Fool's free report "2 Dirt-Cheap Stocks with HUGE Dividends." You can get analysis of a market leader in payment systems, and a high-yielding energy company by accessing this report. It won't be available forever, so simply click here - it's free.
The article 1 Luxury Stock With Room To Run originally appeared on Fool.com.Chris Hilldoes not own shares of any of the companies mentioned. The Motley Fool owns shares of Fossil, Movado Group, Coach, and Tiffany.Motley Fool newsletter serviceshave recommended buying shares of Coach and Fossil.Motley Fool newsletter serviceshave recommended shorting Fossil and Tiffany. The Motley Fool has adisclosure policy. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.