In a note out Friday, Morgan Stanley picked Michael Kors Holdings Ltd (NYSE: KORS), Nike Inc (NYSE: NKE) and LVMH Moet Hennessy Louis Vuitton SE (OTC: LVMUY) as its key global stock picks.
Morgan Stanley sees potential gains in Michael Kors of 53 percent, while Nike and Louis Vuitton have upsides of 12 and 10 percent, respectively. Michael Kors is down 8 percent in 2015, and the stock has shed more than 10 percent over the past year. However, Morgan Stanley sees a high likelihood that Michael Kors beats near- and medium-term EPS expectations – noting that scenario has “the highest probability of playing out among our coverage universe.”
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This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
On Nike, the analysts note that they were encouraged by the Q4 earnings growth acceleration and have a high conviction that the company will beat EPS expectations by $0.10 this year.
Moving globally, Morgan Stanley said that Louis Vuitton has broad consumer appeal, which will be key to outperformance. However, currency risks may impact the stock. The LVMH ADR on the OTC markets is lower by more than 7 percent over the past three days.