Posted on 06/02/2010 6:30:27 AM PDT by Slyscribe
The market is still in a correction, but consumer-related stocks have been among the most resilient. Several shoe makers and retailers have found ways to prosper in a still-tricky environment and are in the IBD 100 list of the top stocks based on fundamentals and technicals.
8. Deckers Outdoor (DECK)
Deckers makes most of its money from selling its Ugg sheepskin boots, Teva sandals and other footwear via retailers. But it plans to open nine Ugg retail locations this year
(Excerpt) Read more at blogs.investors.com ...
The Ugg boots are hideously ugly — a goofy fad that will crash hard and soon. They look like part of a caveman costume in a very low-budget movie.
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