CMP: $82

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories. The Company's products include an extensive line of men's and women's fashion watches and jewelry sold under proprietary and licensed brands, handbags, small leather goods, belts, sunglasses, and apparel.

Fossil is a $5 Billion market cap company trading at a P/E of little over 16. Revenues have risen from $1.55 Billion to $2.57 Billion in the last 2 years. Profits have surged from $139 Million to $295 Million in the last 2 years on better profit margins.Profit margins have risen from less than 9% to well over 11% in the last 2 years. With minimal long term debt, its a good buy for long term.