Should I Buy Capri Holdings (CPRI)? Finance YouTuber Analysis

The YouTuber recommends Capri Holdings because its acquisition by Tapestry was blocked by the FTC, causing its stock to fall. If a new administration is more lenient on antitrust, the deal could be revived, leading to a substantial return to the original offer price.

“Capri has given back almost all of its bump and settled back to a $3.9 billion market cap that would mean a 116% return if the deal ends up going through”

The YouTuber suggests buying Capri Holdings, citing a turnaround with 177% revenue growth last quarter and 31% expected this year. Management raised full-year earnings guidance, and the stock trades at 11.6 times earnings. The company also has a strong gross profit margin of 68%.

“Next on our list of stocks to buy for November, Capri Holdings, ticker CPRI, formerly Michael Kors as well as owner of the Versace label and Jimmy Choo.”