(A Top Pick Jun 15/21, Up 0.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DECK has triggered its stop at $337. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment return of 13%.
(A Top Pick Jun 15/21, Up 25.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DECK has achieved its target of $419. To remain disciplined, we recommend covering 50% of the position and trailing up the stop (from $260) to $337.
Stockchase Research Editor: Michael O'Reilly DECK is the manufacturer of the UGG brand that has expanded to include running footwear. It trades at 24x earnings compared to peers at 36x -- good value here. Cash reserves continue growing and now exceed $1 billion. We would buy this with a stop loss at $260, looking to achieve $419 -- upside potential exceeding 26%. Yield 0% (Analysts’ price target is $419.31)
Deckers Outdoor Corp. is a American stock, trading under the symbol DECK (previously DECK-N on Stockchase) on the New York Stock Exchange (DECK). It is usually referred to as NYSE:DECK or DECK
He added more shares. Loyal customers and the #3 in sneakers. They have momentum top and bottom lines. Return on capital is 2-3x their peers.