Love her or hate her, Kim Kardashian is plastered all over the internet and social media. Her latest stunt, putting her photoshopped posterior on the pages of Paper magazine tried to break the internet. Good news for Al Gore and the rest of us, the internet is doing just fine. For someone who started off as Paris Hilton’s personal assistant, she has risen from the ranks of obscurity to one of the most recognizable people on Earth.
I’m going to stop shy of calling it the embodiment of the American dream. There were a few eyebrow-raising moments along the way. There was the infamous tape with Ray J and a 72 day marriage to Kris Humphries. But the latest incarnation of Kim K has her as a mother and half of the worldwide super power couple with Kanye West. Lately Kim has been all about business and all about making money. Then again, perhaps it has been that way all along.
Along her meteoric rise, Kim has endorsed several brands. She has her own perfume, her own app and a line of clothing available at department stores. Here I offer up a few suggestions on how you can use the Zacks Rank to invest like Kim Kardashian.
Allergan (AGN – Analyst Report)
If you want to keep yourself looking great in front of the camera, you may have to do something about those wrinkles. Personally, I wear wrinkles like a badge of honor. But they don’t put this mug on the cover of magazines. Nobody knows how to iron out those wrinkles better than Botox-maker Allergan.
In the news today due to a merger with Actavis (ACT) that values Allergan at $66 billion, Allergan is a Zacks Rank #2 (Buy). Over the last 60 days, ten analysts have revised earnings estimates to the upside for next year. The bullish trend in estimates has helped pushed consensus up from $8.26 to $8.57. That represents huge growth based on current year estimates of $6.29. With the $1.5 billion in synergies estimated from the merger, look for the new company to do very well.
