Should You Buy Skechers After its Post-Earnings Pop?
Shares of Skechers (NYSE: SKX) surged more than 40% after the footwear maker reported its third quarter earnings on Oct. 20. That rally, which propelled the stock to its highest levels in over a year, was surprising since many other footwear makers -- like Nike (NYSE: NKE) and Under Armour (NYSE: UAA) (NYSE: UA) -- had fallen out of favor.
Let's take a look at why the bulls are so excited, and whether or not you should also buy this stock after its post-earnings pop.
Image source: Skechers.
Source: Fool.com
Under Armour Inc. A Stock
€6.38
-0.330%
The community is currently still undecided about Under Armour Inc. A with 1 Buy predictions and 1 Sell predictions.
As a result the target price of 8 € shows a positive potential of 25.45% compared to the current price of 6.38 € for Under Armour Inc. A.
