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Michael Kors Is Unlikely To Rise For A While

2015-11-15 19:39:39| Apparel - Topix.net

The key is to wait for sentiment to change, but there are some fundamental risks. However, these are more than priced into Michael Kors' P/E of 9. First of all, a look at the positives - Michael Kors' stock has stopped plummeting to new lows after every earnings release, clearly ending a trend that has existed since February 2014, back when the stock traded as high as $100 a share.

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