Coach, the all-American luxury leathergoods company has been around for years and is just exploding with growth. They have had 20 consecutive quarters with earnings of 10% or higher. Coach stock just dipped with the announcement of dropping the corporate accounts sector and poor margins in Japan. Regardless of these Coach is growing thanks in part to the economy of nations worldwide such as Japan, where they plan to open several stores in 2008. Coach has no debt, excellent products and has proven it can give a good ROI.
So, who doesn't want something Coach whether it be a purse, pair of shoes, or even some stock...you are getting good value for your money and won't regret it.
(Some information for this post is courtesy of "Cash-Rich Coach Still Cheap" on Forbes.com).
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