Ralph Lauren Corp (RL), Coach, Inc. (COH), Michael Kors Holdings Ltd (KORS), And Three Stocks That Look Set to Rise

Even Michael Kors Holdings Ltd (NYSE:KORS) is counting on China. The company currently operates with less than 300 stores and is aiming to open 100 new stores in China. Once its store openings in China are complete, Michael Kors would be able to generate around 40% of its overall revenue from the country. This makes it the most leveraged play (towards China) among the discussed companies, and as a result, analysts estimate its annual EPS to grow by 32.63% over the next five years.

Conclusion

All the mentioned companies have been reporting impressive growth, and to retain the growth momentum, their expansion in China is important. At the current prices, none of the companies appears to be a bargain, but analysts expect them (especially Michael Kors Holdings Ltd (NYSE:KORS)) to grow at a rapid pace.

With that in mind, holding all three companies in a portfolio would have a collective annual EPS growth estimate of 20.07%, and initiating long positions with a systematic investment plan would be the best strategy.

The article 3 Stocks That Seem Poised to Rally originally appeared on Fool.com.

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