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.
Comment on Better Buy: Nike, Inc. vs. Skechers
newsfeedback@fool.com (Leo Sun), The Motley Fool
Tue, 07/10/2018 - 10:29am
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