Four-Eyes

Luxottica is the largest manufacturer of eyeglasses in the world. They own Oakley and Ray Ban, as well as Sunglass Hut, LensCrafters and Pearle Vision. They build every high-end glasses brand you can think of- Burberry, Coach, Chanel, Prada, Tiffany, Polo, etc. The stock LUX is up 32% this year, as they continue gobbling up brands and eclipse the mark of 7,000 retail locations. Last quarter, Luxottica netted $180m in profits, up 24% from Q3 last year- crazy considering they are based in Italy in the heart of a plunging economy. This stock gets us back into the retail sector, a space we haven't touched for 18 months (Home Depot) as the holidays approach and flex spending accounts expire.