Morgan Stanley says Michael Kors best choice

   A Morgan Stanley analyst said on Monday Michael Kors Holdings Ltd., said in the list of "best ideas" of

the investment bank that the potential long-term benefits of clothing and accessories haute couture company

one is retail better and not enough in resisting the share price.

NOTE: Kimberly Greenberger said she expects future quarterly results of the company based in Hong Kong, to

be published later this month, ahead of expectations, sending its shares higher.

She added that Michael Kors should be able to meet fiscal year 2014 earnings estimates and could exceed

about 51 percent under ideal conditions.

Greenberger said that although some investors should be concerned about the low traffic Kors shoppers will

be able to outperform its competitors and beat earnings expectations. She insisted the information gleaned

from store visits, shows optimistic March meeting of the Management Company, signs of higher demand and

handbags and beatable expectations for selling, general and administrative expenses.

"Michael Kors is the best growth story retail, with a possibility for global distribution across multiple

categories and channels, and an experienced management team, in our opinion," Greenberger wrote in a note to

investors.

ACTION: Up 90 cents to $ 61.26 in afternoon trading, after peaking at $ 62.25 earlier in the day. The shares

are placed near their historic high of $ 65.10 earlier this year. The company went public in December 2011

to the stock market.