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LinkedIn, Kors Lead Top 5 Rising Estimates Stocks

Posted on 3/4/2013 at 09:13 - 0 Comments - Post Comment - Link

LinkedIn (LNKD) and Michael Kors (KORS) are top-rated companies that analysts are raising earnings estimates on, Investor’s Business Daily reported
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. LinkedIn, the social network site for professionals, is projected to record 100% higher EPS for the quarter as it expands by providing career advice and bringing employees and employers together in an era of lingering high unemployment. LinkedIn began trading on May 20, 2011 at 45 a share and closed Thursday at 168.18, up 274% since its IPO. Michael Kors, which began trading in December 2011 at 20 a share, has met with tremendous acceptance. The luxury apparel, accessories and footwear retailer is forecast to report an 86% jump in EPS this quarter. Kors reported a blowout holiday quarter on February 12, which caused shares to gap up 8.8% for the day. Its share price has nearly tripled from its IPO to a 59.28 close Thursday. LNKD and KORS are Cabot Top Ten Trader stocks
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