Coach: Intriguing, but Not Yet a Buy
Coach (COH) is an intriguing company. It has a very strong management team, a rock-solid business franchise and favorable long-term outlook, yet it sells at a reasonable valuation.
Its stock lagged the market in 2012, declining 9% despite growing earnings. It has many of the attributes we look for and like, but it also presents some significant near-term issues, both macro and company-specific, that lead us to recommend waiting and watching....623 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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