Skechers USA (SKX) Jumps: Stocks Adds 8.0 % in session

Skechers USA Inc. (SKX) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.This continues the recent uptrend of the company as the stock is now up 13.50% since Jul 16.

The company witnessed one upward revision in the past 30 days. The Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Skechers. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Skechers cariries a Zacks Rank #2 (Buy), while its Earnings ESP is positive.

Investors interested in the consumer goods sector may also consider stocks like ANTA Sports Products Limited (ANPDF), Brown Shoe Co. Inc. (BWS) and Iconix Brand Group, Inc. (ICON). All these stocks carry a Zacks Rank #2.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>




(SKX): Free Stock Analysis Report

ANTA SPORTS PROD LTD (ANPDF): Free Stock Analysis Report

BROWN SHOE INC NEW (BWS): Free Stock Analysis Report

ICONIX BRAND GROUP INC (ICON): Free Stock Analysis Report


Zacks Investment Research

Advertisement