Nike, Lululemon, Deckers, and On Holding Have All Plunged. What's the Best Buy of the Four?
Ranking four leaders in the struggling footwear sector from worst to first.
Overview
Footwear and athletic apparel stocks like Nike (NYSE: NKE), Lululemon Athletica (NASDAQ: LULU), Deckers (NYSE: DECK), and On Holding (NYSE: ONON) have all gotten crushed in recent months as sales growth has slowed across the sector.
As you can see from the chart below, which shows how far each stock is down from its high, all four are down more than 50% from their all-time highs, showing the entire sector is suffering.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.