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From: Nicole UrkenSent: Thursday, February 02, 2012 6:26 PMTo: James CramerSubject: Show-off stocks
Below is memo on Michael Kors
From: James Cramer Sent: Friday, February 03, 2012 6:17 PMTo: Nicole UrkenSubject: RE: Show-off stocks
52-week high. Wait for pullback. Next week—the COH v. TIF-why one worked and the other didn’t.
From: Nicole Urken Sent: Friday, February 03, 2012 6:20 PMTo: James CramerSubject: RE: Show-off stocks
Got it. Europe
Last week, we looked at “show off stocks”—luxury names that are reporting blow-out numbers, driven by the "big spending" habits by high-end consumers coming back. However, the conundrum of the divergent reports of a strong Coach and a weak Tiffany & Co. was perplexing given overall signs of resilience from the core customer base.
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