In this video, consumer goods analyst Austin Smith discusses how insiders at luxury retailer Michael Kors Limited (NYSE: KORS ) opted to hold onto many of its shares after the insider lockup period expired. Although this did not allow many investors to scoop up shares at a discount as they had hoped, insiders' confidence may indicate even more growth for the soaring company. While competitor Coach (NYSE: COH ) expects half as much growth as Michael Kors, Coach is trading for less than a third of Michael Kors' multiple. Either company could be a profitable venture into the luxury retail space. He recommends staying away from smaller, more risky companies like Joe's Jeans (Nasdaq: JOEZ ) .
If you are looking for something different, then you should check out our new free report, "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.