Skechers Look Undervalued At $28 Given Its Strong Cash Position And Diversified Business Model
- Thursday, April 30, 2020, 7:10
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After a 40% decline in Skechers’ (NYSE: SKX) stock since the beginning of this year, we believe that the stock is likely oversold at the current price of $28 per share and that it offers significant upside. Our belief stems from the fact that Skechers’ revenues and earnings have seen strong growth..