Coach, Inc. (COH), Sothebys (BID), Michael Kors Holdings Ltd (KORS) & One Lux-Stock To Watch

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The company has very little debt and plenty of cash. Once the market notices recent successes, which could put to rest some fears regarding the art market at large, investors can expect attractive multiple correction that would send the price well above its current level.

Of course, exercise caution. The art market is a difficult one to predict and can fluctuate violently. If there is a macroeconomic relapse affecting the U.S., Europe, and Asia, investors are likely to flee.

Overall, though, given valuation and misleading analyst growth prospects, I find Sotheby’s to be a very compelling value-oriented investment for those interested in the luxury markets.

The article 1 Luxury Stock You Need to Know originally appeared on Fool.com.

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool recommends Sotheby’s.

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