8 Stocks Rising on Rich People's Spending
3. Ralph Lauren
Ralph Lauren is an American fashion designer and is ranked among the top fashion designers of the world. It has a market value of $17 billion. Presently, its stocks are up by 30 percent and have a three-year, average annual return of 70 percent.
According to ratings given by analysts of S&P, 6 give it "buy" ratings, 3 give "buy/holds" rating, 8 give "holds" rating and 1 gives "weak hold" rating.
4. Coach
Coach is the retailer, distributor and manufacturer of leather accessories and branded handbags. It has a market value of $18.5 billion. Presently, its stocks are up by 29 percent and have a three-year, average annual return of 76 percent.
According to ratings given by analysts of S&P, 13 give it "buy" ratings, 8 give "buy/holds" rating and 1 gives "weak hold" rating.
