SKECHERS USA, Inc. (NYSE:SKX)

CAPS Rating: 3 out of 5

The Company designs and markets Skechers-branded contemporary footwear for men, women and children under several unique lines.

Recs

3
Player Avatar SapphireSeas (74.23) Submitted: 4/21/2011 9:12:59 AM : Outperform Start Price: $20.18 SKX Score: +106.53

Major consumer brand with multiple successful product lines suffering from failure of "Toner Sneakers" fad. Temporary setback and overselling sets this stock up for a nice comeback.

Member Avatar JPAKolypse86 (< 20) Submitted: 6/21/2011 7:22:40 PM
Recs: 0

agreed. but you're in a little too high sapphire. its going to be a while before skechers finds its way back to $40. we will see a run-up on the stock price in july/august but I'm becoming ever more skeptical that we will even see it return to $20 by the end of the year.

Featured Broker Partners


Advertisement