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Skechers U.S.A., Inc. Message Board

  • btrader btrader Mar 7, 2012 4:31 PM Flag

    The Patient Investor

    Seriously, with all the doom and gloom - SKX is now a screaming value. I will buy (and did again today) - because I can afford to wait a few years if needed. I am certain I will see mid 20s within 3-5 years. That is a helluva return.

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    • Do you think Skechers has that much of an upside? I'm currently a bull on the stock but the pre Shape-Ups business was only making about 55-70 mill a year so thats a fairly high relative p/e we'd be looking at as i'm skeptical about the future prospects of the shape-ups line. I would imagine most of the upside will come from a near term return to profitability rather than sustainable long term growth?

 
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24.91+0.01(+0.04%)Aug 25 4:02 PMEDT