New America Folio - Position News Item

Michael Kors (KORS) surged 4% before the start of regular trading. Goldman Sachs resumed coverage of the Hong Kong-based fashion house, placing the stock on its Conviction Buy list. The report saw Kors as able to maintain combined annual sales growth of 35-40% over the next four years, with potential to seize 25% of North America's high-end handbag and accessories market.

Read More At IBD: http://news.investors.com/investing-markets-update/121112-636581-futures-point-to-higher-open-tuesday.htm#ixzz2ElyCR9wg