“Nike’s Fall, Netflix Growth, and What We Learned in Q3”
DECK presents a risk/reward opportunity due to growth from acquisitions, specifically Hoka potentially surpassing UGG.
If we look at other stocks in this sector, such as "On Holding" and "Deckers Outdoor", we find that they are also low, but they are experiencing growth.
What's interesting about Deckers is that its success is the result of acquisitions. They started as a sandal company and then acquired "Aggs", and... what about their athletic shoes?
"Huka," I think they developed it internally, yes.