A Steady Climb with 7.3% Potential Upside for Investors
Tapestry, Inc. (NYSE: TPR), a leading player in the luxury goods sector, presents a compelling opportunity for investors looking to engage in the consumer cyclical space. With a robust market capitalization of $17.29 billion, Tapestry has established itself as a formidable presence in the luxury accessories market, operating through its well-known brands: Coach, Kate Spade, and Stuart Weitzman. Headquartered in New York, the company has carved out a significant international footprint across North America, Greater China, and the rest of Asia.
The current stock price of Tapestry is $83.24, resting comfortably within its 52-week range of $36.29 to $89.21. Notably, the stock’s price has remained stable with a negligible change of…