Birkenstock IPO: Can the Sandal-Maker Be the Next Big Footwear Stock?
When you think of growth stocks, you probably don't think of footwear makers, but the industry has had a surprising number of big winners in recent history. Nike (NYSE: NKE) is likely the best known of the group, and the Swoosh has delivered monster returns over its history.
But more recently, other footwork stocks have shined. These include Deckers Outdoor, the parent of the Ugg, Hoka, and Teva brands; Crocs; and Skechers USA. All have outperformed both Nike and the S&P 500 by a wide margin over the last decade, as the chart below shows:
Source Fool.com
Nike Inc. B Stock
€87.95
0.480%
The stock is one of the favorites of our community with 46 Buy predictions and 3 Sell predictions.
With a target price of 115 € there is a positive potential of 30.76% for Nike Inc. B compared to the current price of 87.95 €.
