Analyst Explains Why She’s Buying Deckers (DECK) Amid ‘Great Global Opportunities’

Group 1 - Analysts are optimistic about Deckers Outdoor Corporation (NYSE: DECK) due to the growth of its Hoka brand, which is experiencing approximately 20% growth and is expected to maintain double-digit growth for the remainder of the year [1][2] - The UGG brand has shown a significant recovery with a 19% growth last quarter compared to a mere 3% in the previous quarter, indicating strong brand momentum [2] - International sales for Deckers grew by 50% last quarter, suggesting substantial global market opportunities for expansion [2] Group 2 - Despite the positive brand performance, there are concerns regarding Deckers' expansion capabilities, particularly in the U.S. market, where sales are declining [2] - The stock faced a decline in January after the company's fiscal-year revenue forecast did not meet Wall Street expectations, despite higher sales in its key brands [2] - Some analysts believe that other AI stocks may offer better investment returns compared to Deckers, indicating a competitive investment landscape [3]