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DECK is the only growth story I'm comfortable buying. This was wall street darling for many years. I believe sell off was overdone.
- It has lot of room to run. It is getting traction and
NKE because of law of large number is not growing much in %age.
- However,DECK has lot of road ahead and it can grow for many years to come. Global expansion is also not out of the question.
- I strongly believeDECK will make an all time high when this tariff narrative takes a backseat.
- Another bullish thing forDECK is that Trump doesn't plan to bring back shoes or clothing manufacturing back in US.
DECK is the only growth story I'm comfortable buying. This was wall street darling for many years. I believe sell off was overdone. - It has lot of room to run. It is getting traction and
NKE because of law of large number is not growing much in %age. - However,
DECK has lot of road ahead and it can grow for many years to come. Global expansion is also not out of the question. - I strongly believe
DECK will make an all time high when this tariff narrative takes a backseat.- Another bullish thing for
DECK is that Trump doesn't plan to bring back shoes or clothing manufacturing back in US. Note
Fib levels:0.236 : $128
0.382 : $144
0.5 : $157
0.618 : $171
0.786: $191
1 : $216
Note
clarification: "it is the only growth story I'm comfortable buying" in clothing space. Note
Mr. Market is ridiculous to the upside and as well as downside. It was a good earning report but market sold because of tariff fears. Fundamentals are getting stronger of this company.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.