Two Reasons to Sell Deckers Outdoor Corp (DECK)

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How I’ll proceed
As it stands, Deckers Outdoor Corp (NASDAQ:DECK) is a pretty small investment for me. From what I can tell, sheepskin prices should be stabilizing soon. Famed value investor Whitney Tilson also recently published findings that should encourage Deckers shareholders: 75% of respondents said they view Ugg boots as functional, not fashionable, 60% said they were likely or certain to buy more Uggs when they needed new boots, and 77% said there was a good chance they would recommend Uggs to others.

Given these facts, I’m comfortable holding my shares.

The article 2 Reasons to Sell Deckers Outdoor Stock originally appeared on Fool.com.

Fool contributor Brian Stoffel owns shares of Deckers Outdoor. The Motley Fool has no position in any of the stocks mentioned.

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