Deckers Outdoor Corp (DECK) Has Lots Of Growth Ahead

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So, the week of Feb. 18 is a big week for shoe earnings.  Of the three companies mentioned here, all have significant stockpiles of cash and no debt.  Crocs and Deckers Outdoor Corp both look very cheap right now, and worth a look.  The main reason that I would pick Decker is the diversity of its product lines and the untapped growth potential of UGGs for men, handbags, and warmer-weather products.  I also think the Teva brand has massive potential and could be the company’s growth driver for the next 10 years.

Historically, Deckers Outdoor Corp has traded at around 16 times earnings; however the company’s reports have disappointed investors for the last three quarters, leading to speculation of slowing growth and other concerns.  If the company can deliver not only good numbers, but a good outlook, this could be a $55 stock in no time at all.

The article This Undervalued Footwear Company Has Lots Of Growth Ahead originally appeared on Fool.com and is written by Matthew Frankel.

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