Why Tiffany will dazzle investors this holiday
The jeweler received an analyst upgrade Monday after seeing nearly 60% gains in 2013.
Shares have stormed to nearly 60 percent gains in 2013, easily beating the market. Shares were up more than 1 percent Monday following an upgrade from Canaccord Genuity.
Motley Fool analyst Jason Moser thinks Tiffany especially benefits from its strong brand, which gives it pricing power and allows it to maintain enviable margins.
Tiffany is poised to rake it in this quarter, as its goods are in high demand from consumers thanks to the holiday season. Jason thinks Tiffany is a solid long-term buy, and investors would be wise to put the venerable jeweler on their watch lists.
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