The following video is from today’s MarketFoolery podcast, in which host Chris Hill, Alex Scherer, Charly Travers, and Joe Magyer discuss the latest business news. Shares of Fossil ended the day up more than 31% after second quarter profits came in higher than expected. It was enough to boost other luxury stocks, like Coach and Tiffany. In this segment, the guys analyze why investors shouldn’t get too impressed with these quarterly results, why Europe is less of a challenge for Fossil, and why the stock still has room to run.
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