Brown Shoe Company, Inc. (NYSE:BWS)
CAPS Rating:
The Company operates in the footwear industry. Its current activities include the operation of retail shoe stores and the sourcing and marketing of footwear for women, men and children.
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Stock prices for shoe companies have been doing very poorly in the past 6 months or so. For many of these companies, there is little basis for this drop in price - instead, prices are just mimicking the industry. I think BWS is undervalued because of this effect, and is due for an appreciation sometime in the future.