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Skechers Is Oversold And Cheap

June 25th, 2016 · No Comments

  • Skechers still seems to pay a heavy price for an earnings miss two quarters ago.
  • Much of that was due to one-time factors and currency headwinds.
  • The stock is oversold, an inch above a major support level, and cheap. We think most of any possible bad news is already priced in and see a favorable risk-reward.

Skechers Is Oversold And Cheap – Skechers USA Inc. (NYSE:SKX) | Seeking Alpha

Tags: SKX