August 06, 2013 at 16:43 PM EDT
Michael Kors, PVH Act Well Amid Strong Profit Growth
Luxury apparel stock Michael Kors (KORS) hit a new high Tuesday, while casual clothing maker PVH (PVH) is trading in tight fashion just below its recent peak. Like many stocks in the Spotlight screen, both are out of buying range. That leaves investors with little choice but to hope for a pullback into a buy area or wait for a secondary entry to develop from, say, a rebound off the 10-week line. Michael Kors got a boost Tuesday after a strong
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