Similar Stories to Better Buy: Nike, Inc. Vs. Skechers on Bing News

newsfeedback@fool.com (Leo Sun), The Motley Fool
Tue, 07/10/2018 - 10:29am

Footwear makers Nike (NYSE: NKE) and Skechers (NYSE: SKX) went in opposite directions this year. Shares of Nike, once considered a stagnant market leader, rallied more than 20%. Yet shares of Skechers, once considered a high-growth underdog, tumbled nearly 20%.I compared these two stocks last August, and concluded that Skechers' superior growth, ambitious overseas expansion plans, and defensible niche in the casual footwear market made it the superior pick.

Topics: nike nyse nke nyse skx august images nike skechers nike shares market superior footwear considered stocks

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