A week ahead of its first-ever earnings report as a public company, Etsy (ETSY) stock is tumbling on concerns over Michael Kors (KORS) purses and other items that are counterfeit or pose copyright issues. Etsy brands itself as an online marketplace for unique goods, and its folksy appeal has made it a go-to site for homemade crafts and vintage items. But the company may have counterfeit and infringement problems that eclipse those of other
In the current volatile market, shares of companies that boast strong fundamentals, like Regeneron Pharmaceuticals (REGN) and Michael Kors (KORS), will likely hold up well and are the top prospects for a stock watch list. Today’s Screen Of The Day is Top Fundamentals, highly rated companies with three-year sales and earnings growth rates of at least 25%. Here are five companies on the list that have seen both earnings and sales make robust gains
Style will be a critical factor in the success or failure of upcoming smartwatches from the likes of Apple (AAPL), LG and Motorola, a new survey shows. Piper Jaffray on Tuesday released the results of a survey of nearly 100 well-heeled consumers in North America that was conducted over the past month. The respondents were asked for their opinions and preferences regarding watches and wearable devices. The average respondent was 32 years old with an annual household income of $130,000. Of those surveyed, 75% own a watch. They own an average of 2.4 watches. By contrast, just 18% of respondents said they own a fitness band. The most important factor when purchasing a watch is style, followed by price, the survey revealed. Fossil (FOSL) is the No. 1 preferred watch brand overall, with 13% share, followed by Michael Kors (KORS) at 10%. When split by gender, Timex is…