Why Deckers (DECK) Appears to Be a Promising Pick for 2024?
Deckers(DECK) Zacks Investment Research·2024-01-22 22:11
Deckers Outdoor Corporation (DECK) , headquartered in Goleta, CA, has showcased a robust stock market performance, appreciating by 38.2% compared with the industry’s 27.5% growth in the six-month period. This growth trajectory is primarily attributed to the strong market reception of its UGG and HOKA brands, particularly in the direct-to-consumer segment. As a Zacks Rank #2 (Buy) company, Deckers’ solid operational strategy and resilient balance sheet have been pivotal in underpinning this expansion.Strateg ...