Skechers USA Inc. (SKX) was a big mover last session, as the company saw its shares jump nearly 6% on the day. This rise can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock is now up 19.65% in the past one-month time frame.
The company has seen 2 positive revisions in the past month, while its Zacks Consensus Estimate moved higher over the same period, suggesting that more solid trading could be ahead for Skechers USA. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Skechers USA currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Other attractive stocks in the shoe and related apparel industry include Brown Shoe Co. Inc. (BWS), Carter's, Inc. (CRI) and Rocky Brands, Inc. (RCKY), all holding a Zacks Rank #2 (Buy).
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