Up 11% in 5 days since Yates downgrade
SKX is setting up nicely for a highly bullish Golden Cross With the 50-day average at 30.40 and the 200-day average at 31.65. A signal should be given within a week with the stock now trading at 31.07
Based upon 2017 projected earnings NKE is selling at 20.7 times earnings while SKX is selling at 11.1 times earnings. As pointed out SKX has faster sales growth Time for some PE expansion for skx
If AAL fails to rally and ends up one year from to-day at exactly the same price as currant, it will have outperformed a 10 year US Treasury bond by 10 basis points. Yes AAL has a higher yield than the 10 year Treasury.
In an interview on Bloomberg the CEO stated that Sketchers plan to open 500 new stores next year.