Although the S&P 500 is near its all-time high, buoyed by the artificial intelligence craze, investors can still find compelling buying opportunities out there in beaten-down stocks. That's particularly the case with this under-the-radar business that continues to put up solid financial results.

This footwear enterprise's shares currently trade 21% below their peak price (as of May 13). Consequently, its valuation might be attractive for some. But there's still a lot of potential to increase revenue over the long term as well.

Read on to find out why this growth stock looks like a no-brainer buy with $1,000 right now.

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Source Fool.com