Coach, Inc. (COH) recently declared a quarterly dividend of $0.075 per share, which translates into an industry-leading yield of 1%. The Zacks Consensus Estimate continues to see upward revisions, rising 2% in the past month. Solid Income Coach announced that its dividend of $0.075 is payable on December 28 to shareholders of record as of the close [...]

(COH) Coach, Incorporated – Bullish Forecasts – Solid Income

Coach, Inc. (COH) recently declared a quarterly dividend of $0.075 per share, which translates into an industry-leading yield of 1%. The Zacks Consensus Estimate continues to see upward revisions, rising 2% in the past month.

Solid Income

Coach announced that its dividend of $0.075 is payable on December 28 to shareholders of record as of the close of business on December 7.

Bullish Forecasts

Analysts polled by Zacks are bullish on earnings for COH. For the year ending June 2010, the Zacks Consensus Estimate of $2.07 was increased by a penny in the past week and hiked from $1.92 over the past 60 days. For the following year, forecasts of $2.27 are up 2 cent in the past week and climbed from $2.07 over the past 60 days.

Favorable Benchmark Comparisons

The company offers solid fundamentals, trading with a forward P/E of 17. Coach's return on equity (ROE) of 38% soars past the industry average of 10%. The company's net profit margin of 19% compares to an industry average of 3%.

COH is also strong technically, outpacing the market by nearly 100% over the past year.

Read the October 27 commentary on COH.

Last Week's Growth and Income Zacks Rank Buy Stocks

Crane Co. (CR), which boasts an industry-leading yield of 2.7%, recently declared a quarterly dividend of 20 cents per share. The company also posted solid results for the third quarter, raising the lower end of its earnings outlook. Read the whole story on CR.

Gap Inc. (GPS), which announces third-quarter results after today's closing bell, just declared a quarterly dividend of $0.085 per share, which translates into an industry-leading dividend yield of 1.5%. The company also reported sales growth for the month of October. Read the whole story on GPS.

Costco Wholesale Corporation (COST) recently posted October net sales of $5.68 billion, a 7% increase over last year’s $5.30 billion. Comparable sales spiked 5% year-over-year. Read the whole story on COST.

Casey's General Stores Inc. (CASY) is watching analysts boost estimates ahead of reporting fiscal second quarter results in early December. For the year ending April 2010, the Zacks Consensus Estimate jumped from $2.19 to $2.21 per share in 1 month’s time. Read the whole story on CASY. Zacks Investment Research

Today’s tickers: SLV, EWT, CL, BG, ILMN, COH, TMO, SPG, BG, ADSK & SLM

SLV - iShares Silver Trust ETF – A bull call spread in the January 2011 contract on the silver ETF today suggests shares of the SLV may rally significantly over the next year and two months time. Shares of the SLV are currently up 0.5% to $18.23. The silver-bull purchased a ratio call spread by buying 3,000 calls at the January 23 strike for an average premium of 1.93 apiece, and selling 6,000 calls at the higher January 30 strike for about 90 cents each. The net cost of the transaction is reduced to just 13 cents per contract. Shares of the fund must rally at least 27% before the investor breaks even at a price of $23.13. The trader stands ready to accumulate maximum potential profits of 6.87 per contract if the stock surges up to $30.00 by January 2011.

EWT - iShares MSCI Taiwan Index ETF – A massive bearish play on the Taiwan Index exchange-traded fund caught our attention this afternoon with shares of the EWT down 0.5% to $12.64 in late-day trading. It appears one investor established a bearish risk reversal in the December contract to position for potential share price declines through expiration. The trader sold 31,000 calls at the December 13 strike for 20 cents premium apiece, spread against the purchase of 31,000 puts at the lower December 12 strike for 20 cents each. The sale of the calls exactly offset the cost of buying the puts. Essentially the reversal is a “free” bet that shares of the EWT will trend lower ahead of the 2010. The investor responsible for the transaction is likely long shares of the underlying fund and seeking protection to the downside. If shares fall beneath $12.00, the value of the underlying position is protected. However, if shares of the fund rally by expiration, the trader risks having shares of the stock called from him at $13.00 apiece.

CL - Colgate-Palmolive Co. – Speculation that Reckitt Benckiser Group may acquire Colgate-Palmolive spurred an all-out call option feeding frenzy on CL today and lifted shares of the U.S. company to a new 52-week high of $86.33. Investors flooded the November and December contracts, scooping up call options to position for further upward movement in the price of the underlying. The sudden surge in demand for Colgate-Palmolive options in the midst of takeover chatter boosted…

Today’s tickers: BG, ILMN, COH, TMO, SPG, BG, ADSK & SLM[More...]

Stimulus plans have been executed in most developed and emerging countries this year. The results include many exporting nations searching for additional growth inside their own boarders. US retailers including Wal-Mart Stores (NYSE: WMT) to Coach (NYSE: COH) are either forming joint ventures or with government approval, opening its own stores in these faster growing markets. One of the fastest growing domestic markets is no surprise: China. I was enlightened of the revenue potential for US companies by a simple analogy about the growth of basketball in China. At this very moment, there are more people playing basketball in China,...