Kate Spade & Company (NYSE:KATE)

CAPS Rating: 2 out of 5

The Company designs and markets a portfolio of branded women's and men's apparel, accessories and fragrance products. Brands include CLAIBORNE, CURVE, CRAZY HORSE, DANA BUCHMAN, ELISABETH, EMMA, JAMES, FIRST ISSUE and RUSS.

Recs

1
Player Avatar saif52 (< 20) Submitted: 11/11/2009 4:26:27 AM : Outperform Start Price: $5.40 KATE Score: +445.48

LIZ CLAIBORNE is a very undervalued stock considering the many top-notch brand names they have on their customer list.

With such a low price, the stock is ripe for a takeover bid which should be in the low-10's at least.

There was a tie-up recently with JC Penny but no takeover (yet). Sooner or later, someone will see the potential in this stock and I feel if you buy CALL OPTIONS immediately with strike price of 10 for expiry in Jan'10, you will thank me for the rest of your life.

Saif

Member Avatar grendeth (< 20) Submitted: 1/12/2011 8:25:11 AM
Recs: 0

I see too many store closings?. I made money on this stock back when it was priced at $1.90+. They are just not catching on with the younger section where there is money to be spend. They are more tailored towards the older generation who only buy when they are at the outlets.

Great clothes but just no marketing strategy.

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