Bangalore: Various stocks soar high in the global stock markets as many filthy rich people invest in them. As price is not a factor here, the wealthy can invest to their heart’s content in these stocks. Frank Byrt, of The Street, has listed 8 such stocks, which are jet-setting in the stock markets –

1. Michael Kors

Michael Kors is an American designer and his company makes ladies’’ shoes, handbags and watches. It has a market value of $9 billion and operates in 3 segments of business – wholesale, retail and licensing.

Its stocks were up by 45 percent in the last month. Presently, its stocks are up by 79 percent. According to ratings given by analysts of TheStreet, 5give it a "strong buy" rating, while 1 gives it a "moderate buy" one.

2. The Gap

The Gap is an American clothing and accessories company and is based in San Francisco, California. It has a market value of 13.2 billion. Presently, its stocks are up by 37 percent and have a three-year, average annual return of 31 percent.

According to ratings given by analysts of S&P, 4 give it "buy" ratings, 2 give "buy/holds" rating, 25 give "holds" rating, 3 give "weak hold" rating and 2 give "sells" rating.