Investors.com http://ift.tt/1lqr1Zg Prospects for strong sales growth was among the reasons Nomura analyst Simeon Siegel reiterated his buy rating on IBD 50 stock Michael Kors Holdings (KORS) in a report Wednesday. "We do reiterate that our buy rating is based on our belief in ongoing topline expansion, as we expect KORS to more than double sales over the next several years," Siegel wrote. Fears of the company's gross margin contraction, which occurred in the fourth quarter and were
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