SKX - Skechers U.S.A., Inc.
31.53 +0.03 (0.11%)
After hours: 4:26PM EDT
| Previous Close | 31.02 |
| Open | 31.34 |
| Bid | 29.60 x 2900 |
| Ask | 0.00 x 3100 |
| Day's Range | 31.23 - 31.87 |
| 52 Week Range | 21.45 - 43.08 |
| Volume | 1,779,139 |
| Avg. Volume | 2,560,239 |
| Market Cap | 4.959B |
| Beta (3Y Monthly) | 1.06 |
| PE Ratio (TTM) | 16.41 |
| EPS (TTM) | 1.92 |
| Earnings Date | Apr 17, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 35.18 |
- Simply Wall St.•7 hours ago
Introducing Skechers U.S.A (NYSE:SKX), The Stock That Zoomed 155% In The Last Five Years
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! When you buy a stock there is always a possibilityRead More...
- InvestorPlace•17 hours ago
The Nike Earnings Reaction Offers a Healthy Buying Opportunity
Shares of Nike (NYSE:NKE) dropped sharply on March 22, after the global athletic apparel giant reported mixed third quarter numbers that, while topping consensus Street estimates, showed signs of a recovery slowdown. Investors weren't prepared for that and NKE stock lost more than 5%.Specifically, Nike beat both revenue and profit estimates in the quarter, while giving an upbeat forecast for the fourth quarter and next year. But, growth rates across the board slowed sequentially, and the guide calls for further deceleration next quarter.In the big picture, this post-earnings sell-off in Nike stock is nothing more than a healthy reset. The stock was really hot heading into the print, trading at all time highs and up more than 20% over the prior three months. Nike needed to report excellent numbers across the board to justify the pre-earnings rally, and by excellent, I mean "better than last quarter's numbers". They didn't. The numbers got worse quarter-over-quarter. The stock dropped.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Beaten-Up Stocks to Buy as They Reverse Course But, the numbers are still very good here. Revenues still rose by more than 10% in constant currency. North America revenue growth remains healthily positive. Gross margins are still expanding. Further, the guide calls for all this things to largely continue for the foreseeable future.Essentially, while the Nike growth narrative is slowing, it's still very positive. As such, once the dust settles from this sell-off, NKE stock will resume its longer term march higher. The Quarter Was Still GoodJudging by the stock price reaction, one would think that Nike's third quarter earnings report and fourth quarter guide were awful. They weren't. Instead, the quarter and guide were actually very good, and broadly underscore that Nike is still firing on all cylinders.Why the huge sell-off in Nike stock? Because things - while still good - are slowing. Revenue growth slowed from 14% last quarter, to 11% this quarter, and is expected to go below 10% next quarter. North America revenue growth slowed from 9% last quarter, to 7% this quarter. Europe, Middle East, and Africa revenue growth slowed sequentially, too. So did China and Asia-Pacific revenue growth.But, this slowdown is being blown out of proportion. Keep in mind, Nike is a $40 billion revenue company in the athletic apparel space. That's huge. Peers Under Armour (NYSE:UAA), Skechers (NYSE:SKX), and Lululemon (NASDAQ:LULU) are all below $6 billion in annual sales, and they are growing revenues at low single- to double-digit paces.So, considering Nike is nearly seven times the size of those companies, growing revenues at a comparable high single-digit to low double-digit rate is impressive -- so much so that investors shouldn't be concerned about revenue expansion slowing from a 14% clip in the second quarter. That sort of growth was unsustainable. Now, it's normalizing down to a much more-sustainable but still very healthy high single-digit rate.Further, gross margins expanded 130 basis points in the quarter. That's actually better than last quarter's expansion rate of 80 bps. Next quarter, those margins are expected to move higher again. Same for fiscal 2020.Overall, then, Nike is still firing on all cylinders. Growth slowed sequentially, but this remains a high single-digit revenue grower with healthy gross margin drivers. That profile is good enough to keep NKE stock on a medium- to long-term uptrend. Nike Stock Remains A WinnerIn the big picture, double-digit revenue growth and strong margin expansion in the third quarter underscore Nike's long-term bull thesis.That bull thesis is simple: The athletic apparel world is growing fast thanks to certain secular trends -such as the convergence of athletic and casual styles against the backdrop of a consumer who has become focused on health, wellness, and fitness. This trend won't reverse course anytime soon. Consumers are only becoming more obsessed than ever with health, wellness, and fitness, and as such, are growing increasingly fond of athleisure styles. Net result? The athletic apparel space will keep growing at a healthy rate over the next several years.Dominating the athletic apparel space is Nike. After falling asleep at the wheel in the mid-2010's, allowing competitors to gained, the sleeping giant woke up in 2017. It's been firing on all cylinders ever since, leveraging product innovation, a direct sales strategy, and edgy marketing to gain a sustainable lead over rivals. As such, while the athletic apparel space continues to grow over the next several years, Nike projects as an above-average grower in that space, with margin upside thanks to a pivot to direct sales. * 7 Marijuana Stocks to Play the CBD Trend In numbers, that long-term bull thesis translates into sustained mid to high single-digit revenue growth potential over the next several years, alongside gross margin expansion and potential opex leverage as direct investments wind down. Modeling that out, that makes $5.30 in earnings per NKE share seem doable by fiscal 2025.Based on a historically average 25x forward multiple, that equates to a fiscal 2024 price target for Nike stock of more than $130. Discounted back by 9% per year (a point below my normal 10% discount rate to account for the yield), that results in a fiscal 2019 price target of over $85.We are now only one quarter away from the end of fiscal 2019. As such, as Nike stock closes in on $80 during this sell-off, a "buy the dip" thesis starts to look pretty compelling. Bottom Line on NKE StockDespite the ugly stock price reaction, Nike's Q3 earnings report wasn't that bad. If anything, it was really good, just less good than the Q2 results.Nike stock will sell off here as investors digest the new slowing growth trajectory. But, the sell-off won't be that severe because NKE stock wasn't overvalued, and the numbers are still pretty good. As such, the dust should settle soon, and when it does, that will be an opportunity to buy the shares at a relative discount.As of this writing, Luke Lango was long NKE, SKX, and LULU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post The Nike Earnings Reaction Offers a Healthy Buying Opportunity appeared first on InvestorPlace.
- Business Wire•6 days ago
Skechers Returns for Fourth Year as Title Sponsor of Skechers Performance™ Los Angeles Marathon®
Skechers Performance Elite Athlete Weldon Kirui set to compete for record third victory at the race
- Market Realist•7 days ago
Where Does Nike’s Valuation Stand ahead of Its Q3 2019 Results?
Nike Gears Up to Deliver Its Q3 2019 Results(Continued from Prior Part)Nike’s forward PE multiple On March 18, Nike (NKE) was trading at 12-month forward PE multiple of 28.7x. The company’s valuation multiple has risen 24.3% since its
- Zacks•7 days ago
Skechers Gains More Than 40% in 3 Months: What's Driving It?
Skechers' (SKX) greater emphasis on new line of products, store remodeling projects, cost containment efforts, inventory management, and global distribution platform are impressive.
- Market Realist•7 days ago
Nike Gears Up to Deliver Its Q3 2019 Results
Nike Gears Up to Deliver Its Q3 2019 ResultsYTD movementFootwear and apparel maker Nike (NKE) is scheduled to report its earnings results for the third quarter of fiscal 2019 (which ended on February 28) after the market closes on March 21. Nike
- Zacks•8 days ago
Footwear & Apparel Industry to Gain From Digital Enhancements
Footwear & Apparel Industry to Gain From Digital Enhancements
- InvestorPlace•8 days ago
Nike Stock Rally Could Be Tested With Thursday Earnings … Or Not
Shares of Nike (NYSE:NKE) have roared higher over the past three months as investor confidence has returned to financial markets. After the shares dropped to $68 in mid December, NKE stock has rallied nearly 30%, and done so with essentially zero volatility (the biggest drop in the last three months was a 2% slip in early March).This rally in Nike stock is about to get a gut check with its after-the-bell earnings report on Thursday. If those numbers are good, that will confirm the legitimacy of that three-month NKE stock rally and the shares should remain on an uptrend. If they aren't good, the opposite could happen. Investors will question the legitimacy of the big 2019 rally. They will sell. The stock will drop.So, here's the big question: will the numbers be good?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThey should be. All signs point to the thesis that Nike continues to fire on all cylinders in a still red-hot global athletic apparel industry. As such, the quarterly numbers should be good. They should confirm the stock's big year-to-date rally. Importantly, they should keep Nike stock on a winning path.Investment game-plan? Stay the course with this long-term winner. If it pops after earnings, stick with the rally. If it drops, add on the dip. In the big picture, NKE stock remains a buy-and-hold move for the long haul. Nike Is (Still) Firing On All CylindersThe big rally in Nike stock over the past year has been powered by one big picture idea: Nike is firing on all cylinders again. Long story short, after ceding share to smaller athletic apparel players in 2015/16, Nike has punched back in 2017/18, and won back almost all of the share it lost in the previous two years. As the company has done this, Nike stock has run up to new all-time highs. * 15 Stocks That May Be Hurt by This Year's Big IPOs Key evidence supporting this narrative? Here are the important data points: * Domestic and global search trends remain healthy and imply strong year-over-year growth in brand interest and awareness. * Web traffic share remains stable, and Nike remains the number one sports shopping website globally. * Foot Locker (NYSE:FL) just reported a robust double-beat quarter that included impressive 10% comparable sales growth. Essentially 70% of Foot Locker's product is Nike product, so Nike stuff is clearly selling well. Further, Foot Locker management said on the conference call that both Nike and Jordan were very healthy during the quarter. * Dick's Sporting Goods (NYSE:DKS) didn't report great holiday quarter numbers. But, management did say several times on the conference call that they were very enthusiastic about the Nike brand because of the product Nike is bringing to market. * Both Skechers (NYSE:SKX) and Under Armour (NYSE:UAA) reported strong quarterly numbers recently that revealed two common themes: stabilized global revenue growth and big gross margin improvement. Broadly speaking, these reports imply that the global athletic apparel space remains hot, and that competitive pressures in the market are easing and allowing for margin expansion.Overall, it appears that Nike is set to report strong quarterly numbers. The company is firing on all cylinders in a red-hot athletic apparel industry that is benefiting from broad revenue growth and margin improvements.Nike's quarterly numbers will look something like high single-digit revenue growth and healthy margin expansion. Those numbers will be more than good enough to keep Nike stock on a near-term winning trajectory. Nike Stock is a Long-Term WinnerIn the big picture, Nike stock is a buy-and-hold stock for the long run. Why? Because Nike has dominated the secular growth athletic apparel industry for the past 20-plus years, and will continue to do so for the foreseeable future. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% There are two big pieces here: One is that the athletic apparel space will continue to grow over the next several years. Broadly speaking, lifestyle apparel continues to converge on athletic apparel and power robust growth across the whole crossover athleisure category. This is a byproduct of consumers globally wanting to lead more active, fit, and healthy lifestyles, as well as be more comfortable and casual in everyday wear. Thus, so long as those trends persist, the athletic apparel space should continue to grow its share of the global retail pie over the next several years.The other is that Nike is the king of this space, has been for a long time, and will remain so for the foreseeable future. Time and time again, competitive threats emerge to challenge Nike's dominance. Every time, Nike punches back, neutralizes the threat, and proceeds to only extend dominance. Just look at Under Armour and Adidas (OTCMKTS:ADDYY), once-red-hot athletic apparel brands that have cooled dramatically over the past several quarters as Nike has fought back.Overall, then, expect Nike to remain the leader in a secular growth category for a lot longer. So long as Nike maintains this leadership position, Nike stock will head higher. Bottom Line on NKE StockNike stock is a long-term winner that's firing on all cylinders right now. That positions the stock favorably heading into this week's earnings report. It seems like good numbers are already mostly priced in, so you might not get a big post earnings pop in NKE stock, but that doesn't matter. What does matter is that strong numbers will keep Nike stock on a long-term winning trajectory.As of this writing, Luke Lango was long NKE, FL, and SKX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Nike Stock Rally Could Be Tested With Thursday Earnings … Or Not appeared first on InvestorPlace.
- Zacks•13 days ago
Has Skechers U.S.A. (SKX) Outpaced Other Consumer Discretionary Stocks This Year?
Is (SKX) Outperforming Other Consumer Discretionary Stocks This Year?
- Zacks•13 days ago
Deckers Rallies More Than 26% on Solid Growth Strategies
Deckers' (DECK) emphasis on expanding brand assortments, introducing an innovative product line, targeting consumers digitally and optimizing omni-channel distribution bodes well.
- Zacks•13 days ago
Hilton (HLT) Expands All Suites Brand Footprint in Canada
Hilton (HLT) continues to drive unit growth. More than half of the company's pipeline is located outside the United States.
- Zacks•14 days ago
The Zacks Analyst Blog Highlights: Skechers U.S.A., NIKE, Lululemon Athletica, Foot Locker and Columbia Sportswear
The Zacks Analyst Blog Highlights: Skechers U.S.A., NIKE, Lululemon Athletica, Foot Locker and Columbia Sportswear
- Zacks•14 days ago
5 Athletic Stocks That Deserve Your Attention Right Now
With Americans being more confident, things have been looking up for athletic apparel stocks. In fact, athletic apparel category seems more like a consumer lifestyle trend rather than just a cyclical fashion trend.
- Business Wire•15 days ago
Skechers Pier to Pier Friendship Walk Celebrates 10 Years with Record-Breaking Donation for Kids
The Skechers Foundation distributed checks for its largest-ever donations to children with special needs and education after a record-setting year at its 10th annual Skechers Pier to Pier Friendship Walk, sponsored by Nickelodeon and NBC4 Southern California. Celebrities Brooke Burke and Denise Austin as well as executives from Skechers and the foundations receiving donations were on hand for a check presentation ceremony at the Shade Hotel in Manhattan Beach, California on Thursday, March 7.
- Business Wire•16 days ago
ADDING MULTIMEDIA Skechers GO RUN Razor 3 Hyper™ Named Editors’ Choice By Runner’s World
Skechers today announces that Runner’s World has named the Skechers GO RUN Razor 3 Hyper™ performance training shoe as the “Editors’ Choice” in a March/April 2019 cover story of best new running shoes. The editors raved that the style is the first example featuring the buzz-worthy new Skechers-developed midsole foam called Hyper Burst™.
- Zacks•16 days ago
Moving Average Crossover Alert: Skechers U.S.A.
Skechers U.S.A., Inc. (SKX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- InvestorPlace•16 days ago
The 4 Big Reasons to Buy Skechers Stock
At the beginning of the year, I put together a list of seven dark horse stocks that I felt were ready to surprise Wall Street in 2019 and stage huge rallies. One of my favorite picks on that list was Skechers (NYSE:SKX), the underappreciated and undervalued athletic footwear stock that seemed ready for a big 2019 surge, as favorable fundamentals converged on a hugely discounted valuation. * 10 Tech Stocks to Buy Now for 2025 Source: Shutterstock That's already happened. Year to date, SKX stock is up more than 40% on the back of strong holiday numbers and a healthy guide, which, together, implied that the good about Skechers is getting better and that the bad is turning around. Up 40% in just over two months, SKX stock may appear to out over its skis here and it may be -- in the near term. But, in the medium- to long-term, this stock will only head higher.Why? Because it is still an underappreciated and undervalued athletic footwear stock that will continue to benefit from favorable fundamentals converging on a discounted valuation. So long as this dynamic remains in play, SKX stock will continue to rally. By my math, that dynamic will remain in play until the stock reaches $40.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs such, buying here in the low $30's isn't too late. A good portion of the 2019 SKX rally hasn't happened yet. The Consumer Backdrop Is HealthyImportantly, the global consumer backdrop is healthy enough to support continued positive revenue growth at Skechers.Specifically, the U.S. economy appears to be stabilizing and consumer confidence is stabilizing with it. After three consecutive months of declines, U.S. consumer confidence ticked higher in February, concurrent with a stabilization in financial markets. Also, while the February jobs report missed on the headline jobs creation number, wages posted their best growth in a decade and the unemployment rate retreated back to record lows. Overall, the U.S. consumer is still very healthy today.The global consumer is healthy, too. China consumer confidence is bouncing back. Global consumer confidence is stabilizing. U.S.-China trade tensions are easing. FX headwinds are becoming less severe. As a result, the global consumer backdrop remains healthy enough to support continued growth at Skechers. The Internals Are FavorableMore importantly, the internals at Skechers remain healthy, and point to continued growth at the company for the foreseeable future.Ground-level trends remain favorable, such as the chunky sneaker and dad-look trends, and point to continued growing global popularity of the Skechers brand. Search-interest trends remain favorable on a domestic and global basis. Web traffic share continues to climb. Overall, the fundamentals imply continued healthy top-line growth for Skechers on a global basis.Concurrently, gross margins have continued on their multi-year uptrend, while the opex rate is finally falling back. Management expects this opex rate moderation to persist, and so long as it does, margins should remain on an uptrend.In the big picture, then, current trends and data points suggest that Skechers will remain a strong revenuer grower with healthy margin expansion potential for the next several quarters. The Valuation Is Still DiscountedEven more importantly, the valuation underlying SKX stock remains discounted relative to peers.Skechers trades at just 15 forward earnings. For comparison purposes, Nike (NYSE:NKE) and Lululemon (NASDAQ:LULU) both trade at over 30 times forward earnings. Under Armour (NYSE:UAA) trades at over 60 times forward earnings. V.F. Corp (NYSE:VFC), the owner of Vans, trades at 22 times forward earnings.Further, most apparel retail stocks trade around 18 times forward earnings. The average forward P/E multiple across the entire consumer discretionary sector is 20. For footwear stocks, it's nearly 30.Overall, with a forward P/E ratio of just 15, SKX stock continues to trade at a sizable discount to essentially every comp in the market. Upside to $40 Is Fundamentally SupportedMost importantly, the fundamentals support upside in SKX stock to $40.Given historical growth trends, its still relatively small revenue base, and red-hot growth in the international segment, I think Skechers projects as a mid- to high-single-digit revenue grower over the next several years. During that stretch, gross margins should continue on their multi-year uptrend, since there are no obstructions in the foreseeable future, while the opex rate should normalize lower as revenue growth outpaces expense growth.Under those assumptions, I think Skechers can do about $4 in EPS by fiscal 2025. Based on a market average 16 forward multiple, this equates to a fiscal 2024 price target for SKX stock of $64. Discounted back by 10% per year, that equates to a fiscal 2019 price target of roughly $40. Bottom Line on SKX Stock * 7 High-Yield Telecom Stocks to Avoid Skechers stock was one of my top picks for 2019. It's early March, and the stock is already up more than 40% year to date. But this rally isn't over. Skechers remains an underappreciated and undervalued athletic footwear stock with plenty of room to run higher as favorable fundamentals continue to converge on a discounted valuation in 2019. This dynamic should drive SKX stock to $40 by the end of the year.As of this writing, Luke Lango was long SKX and NKE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post The 4 Big Reasons to Buy Skechers Stock appeared first on InvestorPlace.
- Zacks•17 days ago
Skechers (SKX) Up 17.2% Since Last Earnings Report: Can It Continue?
Skechers (SKX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Business Wire•19 days ago
Skechers GO RUN Razor 3 Hyper™ Named Editors’ Choice By Runner’s World
Skechers today announces that Runner’s World has named the Skechers GO RUN Razor 3 Hyper™ performance training shoe as the “Editors’ Choice” in a March/April 2019 cover story of best new running shoes. The editors raved that the style is the first example featuring the buzz-worthy new Skechers-developed midsole foam called Hyper Burst™.
- InvestorPlace•21 days ago
6 Underrated Stocks to Buy for 2019
Sometimes, finding big winners in the stock market is all about finding stocks that others don't know about just yet. Why? Because stock prices are determined by buyers and sellers. If everyone knows about a stock, then everyone is already engaged in the buying and selling processes. Thus, the only thing that can really change the price is the sentiment of those buyers and sellers.But, if you have an underrated stock that isn't known by everyone, the dynamic is very different. Everyone isn't engaged in the buying and selling. Thus, while sentiment changes do change the stock price, another thing that can happen here is you can get an influx of new buyers as more investors become aware of the stock. As such, broader awareness of an underrated, high-quality stock can create a surge in price.Because of this, underrated and high-quality stocks are almost always at the top of my buy list. These are stocks which don't get a lot of mainstream media attention, and consequently are less followed by investors than other mainstream stocks. Nonetheless, these underrated, high-quality stocks are supported by healthy growth fundamentals, and as such, broader awareness often brings in new buyers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Chinese Stocks to Buy for the 2019 Rebound With that in mind, let's take a look at six underrated stocks which are at the top of my buy list for 2019.Source: Shopify via Flickr Shopify (SHOP)At its core, Shopify (NYSE:SHOP) provides omni-channel commerce solutions for retailers of all shapes and sizes. In so doing, the company fits in perfectly into the coordinated economy wheelhouse. Shopify is democratizing supply in the retail world -- allowing anyone to sell anything -- and coordinating that new supply to satisfy demand-side expectations. Net result? Shopify's solutions are pulling prices lower across the retail industry, while elevating consumer convenience.Because of this, Shopify has found a winning formula which will allow it grow by leaps and bounds in the retail world over the next several years. Yet, despite this enormous growth potential, Shopify stock is still hardly talked about in mainstream financial media outlets, nor do many consumers know about the company.As such, Shopify is the quintessential example of a top underrated stock.Source: Shutterstock Chegg (CHGG)Back in the day, Chegg (NYSE:CHGG) was a textbook rental company. That's an unexciting business characterized by low growth and low margins. Then, the company pivoted into digital education, and started providing education services such as textbook solutions, tutoring, and much more through an online platform. Those services were met with huge demand, since students needed an on-demand, digital education solution, and didn't have one until Chegg. Chegg has since improved those solutions and created an unprecedented digital education ecosystem which is still growing by leaps and bounds.The upside potential here is that Chegg only has about 3 million subscribers. At any given point, there are 36 million high school and college students in America, and many, many more globally. As such, Chegg is tapping into a very small portion of its addressable market, implying that big growth is here to stay for a lot longer. * 3 Consumer Finance Stocks to Buy for the Future of Fintech Despite this enormous growth potential, CHGG stock isn't ever talked about in mainstream financial media outlets. Nor is the company that well known outside of high school and college education circles. That will change over time. As it does, CHGG stock will keep on keeping on (over the past five years, CHGG stock has gone from $5 to $40).Source: Shutterstock The Trade Desk (TTD)Programmatic advertising is one of the biggest secular growth narratives in the market. The Trade Desk (NASDAQ:TTD) is the leader in this market, with accelerating momentum. Yet, despite being a leader in a secular growth market with accelerating momentum, TTD stock is almost never mentioned in mainstream financial media, nor is the company that well known.This lack of broad TTD awareness is an opportunity for investors. Programmatic advertising is the future. Before, ads were bought and sold by humans. Now, technology has improved to a point where machines can buy and sell ads. This process is called programmatic advertising, and it's cheaper, quicker, and more efficient than traditional ad transaction methods. The Trade Desk is the best at this programmatic advertising process, and has consistently proven dominance in this market by recording multiple consecutive quarters of 50%-plus revenue growth.Last year, Trade Desk reported gross ad spend of under $2.5 billion. The global advertising market is marching towards $1 trillion. Eventually, all of those ads, from mobile to display to audio to TV, will be transacted programmatically. Thus, Trade Desk has a tremendous opportunity to dramatically grow share in the global advertising market, and in so doing, power robust revenue and profit growth over the next several years.If management successfully executes on that opportunity, TTD stock will continue to be a big winner for a lot longer.Source: Web Summit Via Flickr Twilio (TWLO)Another one of the market's biggest and most powerful secular growth narratives is in the CPaaS market, which is short for Communication Platforms-as-a-Service. The unparalleled leader in this market is Twilio (NASDAQ:TWLO). Yet, much like The Trade Desk, Twilio's mainstream financial media coverage is relatively low considering just how important this company will be one day.Again, this lack of mainstream coverage is an opportunity. CPaaS is a big growth market. It comprises companies integrating real-time mobile communication into their services. Demand for this service is only growing because consumers are increasingly digitally engaged through mobile phones and enterprises are increasingly seeking to personalize communication efforts with those same consumers. Neither of these trends are going to reverse course any time soon. Instead, they will only gain traction. As they do, demand for Twilio's suite of communication services will only grow by a ton.The numbers here imply big growth is here to stay for a lot longer. Revenue growth is consistently north of 50%. Customer growth is consistently north of 30%. The company has a 95%-plus customer retention rate. Margins are roaring higher. Profits are coming into the picture. * Why NOW Is the Time to Buy Gene Therapy Stocks If Twilio can capitalize on secular CPaaS tailwinds and maintain this growth trajectory for the foreseeable future, then TWLO stock will ultimately head way higher in a long-term window. Source: Shutterstock Skechers (SKX)Unlike many of the other stocks on this list, Skechers (NYSE:SKX) isn't a secular growth stock. Instead, Skechers is just a stable growth stock. But, SKX is an underrated top buy stock for 2019 because, relative to its stable=growth peers in the footwear industry, Skechers is both underappreciated and undervalued, and that's an opportunity for contrarian investors.This isn't a tech company. It's a shoe company, and the footwear industry is a relatively low-growth industry. Yet, within that low-growth footwear industry, Skechers has consistently been one of the fastest growers, with revenue growth that has largely been north of 10% over the past several years. One would expect that, given above-average growth, SKX stock would have an above-average valuation. Not so. SKX stock actually trades at 16x forward earnings, and that multiple is half the size of Nike's (NYSE:NKE) forward multiple.Why the disconnect? Margins. Nike has healthy margins with a strong track record of growing those margins. Skechers has had margin troubles for a while, since it has had to spend to grow. But, last quarter's numbers imply that this trend is changing course. Specifically, for the first time in recent memory, revenues, margins, and profits all rose by a ton last quarter, and the guide implied that this will be the new norm going forward.If true, SKX stock is way undervalued here at 16x forward earnings, and has room to move meaningfully higher in 2019.Source: Stitch Fix Stitch Fix (SFIX)At the overlap of personalization and curation in the retail industry is Stitch Fix (NASDAQ:SFIX), the e-commerce company which creates personalized and professionally curated clothing assortments for its customers. Given the growing desire for retail personalization, and the growing need for retail curation, Stitch Fix should benefit from secular demand tailwinds over the next several years. Yet, the stock is still hardly mentioned in mainstream financial media.That will change with time. Personalized and curated shopping is the future. There are simply too many clothing options out there for a consumer to categorize and filter through all of them and pick the best outfits. That job needs to be done by someone with more know-how and more time, and the final curated assortment should be delivered to the consumer. This is exactly what Stitch Fix does, and the net results are enhanced consumer convenience and more satisfied clothing shoppers.Inevitably, this model for personalized and curated shopping will gain significant traction over the next several years. To be sure, Stitch Fix will have tremendous competition in this space. But, the company has already developed a name for itself in this curation department, and as such, is attracting the best curators and delivering the best clothing assortments. * 7 Consumer Staples ETFs to Buy Now So long as this remains true, Stitch Fix and SFIX stock should remain on healthy growth trajectories.As of this writing, Luke Lango was long SHOP, CHGG, TTD, SKX, NKE and SFIX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Big Data Stocks That Deserve a Closer Look * 7 Best Energy Funds to Outperform the Market * 5 Blue-Chip Stocks Ready to Rise Compare Brokers The post 6 Underrated Stocks to Buy for 2019 appeared first on InvestorPlace.
- Simply Wall St.•21 days ago
Is Skechers U.S.A., Inc. (NYSE:SKX) A Financially Strong Company?
Mid-caps stocks, like Skechers U.S.A., Inc. (NYSE:SKX) with a market capitalization of US$5.4b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-capRead More...
- GuruFocus.com•25 days ago
Skechers USA Inc (SKX) Files 10-K for the Fiscal Year Ended on December 31, 2018
Skechers USA Inc manufactures footwear for children, men and women under Skechers GO brand name offering two distinct footwear categories: a lifestyle division and performance footwear. Skechers USA Inc had annual average EBITDA growth of 47.80% over the past five years. Warning! GuruFocus has detected 4 Warning Signs with EGBN.
- Zacks•25 days ago
Foot Locker (FL) Stock Rallies on Q4 Earnings & Sales Beat
Foot Locker (FL) is looking to improve performance through operational and financial initiatives as evident from its fourth-quarter results.
