There are only so many high-end fashion names that are public companies.  Recent IPO Michael Kors Holdings adds to that short, exclusive list on the heels of Prada's debut earlier this year. Prada went from being a private Italian company to being a private Italian company listed on the Hong Kong Stock Exchange (HKSE: 1913.HK ).

I like the price action post-IPO.  No excessive celebration, but only dipped below the first day's open price for a couple days, then started moving in earnest.  My thought is it will get to $30 quickly enough.