For followers of Stan Weinstein chart analysis (do google this up, his methods are really easy to use), you would have noticed that KORS has just exited stage 1 and is now at the possible start of stage 2. The high confirms this. Also, the crossover of the 30 confirms this as well.
Fundamentally speaking, KORS has a low PS ratio of 2.05 (at time of writing) and based on Ken FIsher investment strategy, the PS ratio below 3 is fairly attractive. It also has low debts, which is a good thing as the Fed starts to increase interest rates.
DCF puts KORS at a valuation of $71. Interestingly this coincides with the 50% Fib retracement of this chart. I have bought 25 shares (I am a poor college student) at $50.06 and will prepare to sell at 50% Fib retracement.