Better Buy: Nike vs. Deckers
Nike (NYSE: NKE) has historically been the best shoe stock to own. But the last five years have been a completely different story. Shares of Nike have actually dropped about 16% during that time even though the S&P 500 is up a strong 81%.
There's another shoe stock that's crushing both Nike and the S&P 500 over the last five years: Deckers Outdoor (NYSE: DECK). It's enjoying fast-growing brand awareness for its Hoka and Ugg footwear, leading to strong revenue growth and profits. And the stock is absolutely soaring, as the chart below shows.
Source Fool.com
Nike Inc. B Stock
€67.80
-0.860%
The stock is one of the favorites of our community with 61 Buy predictions and 2 Sell predictions.
With a target price of 110 € there is a hugely positive potential of 62.24% for Nike Inc. B compared to the current price of 67.8 €.
