The Street Wire today said: "COACH INC has improved earnings per share by 26.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, COACH INC increased its bottom line by earning $3.54 versus $2.93 in the prior year. This year, the market expects an improvement in earnings ($3.85 versus $3.54)."
Cramer is not the only one who likes Coach (if that were the case, I'd run for the hills). Others have pointed out that COH is a good long-term investment with a strong global brand, excellent management, a relatively low pe, a great track record, and a promising men's line. I like the fundamentals. I'm not a swing trader, so I'll stay the course. Time will tell.