NEW YORK, Oct. 22, 2012 /PRNewswire/ -- Coach, Inc. (NYSE: COH $56) has been picked by S&P Capital IQ as its Focus Stock of the Week. COH carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"We believe the company's broad merchandise assortment and multi-channel distribution mitigates investment risk by appealing to a wide spectrum of consumers spanning from the affluent to value shoppers," said Jason Asaeda, equity analyst at S&P Capital IQ. "Despite macroeconomic headwinds in the U.S., Europe and Asia, and increasing competition from other American and European accessories brands, we expect Coach to maintain sales momentum in fiscal year 2013 (June), supported by its track record of delivering innovative products at sharp price points."
To view a video of Mr. Asaeda discussing COH click on the following link. Playback/Web Link
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