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Bailey Button Fancy UGG Boots
Analysts are predicting even more upside for Deckers’ stock. The reason? While other brands have been heavily discounted this holiday season,Black UGG 5825, Bailey Button Fancy UGG Boots , which can cost upward of $200 a pair,5815 UGG Boots In Red, are selling at full-price in most major department and specialty stores. More full-price sales mean fatter profits for the all-important fourth quarter.”
It’s all very exciting but I think investors need to be very careful. Ugg boots account for nearly 90% of Deckers’ revenue, far outshining their Simple and Teva brands.
A bet on Deckers is a bet on the Classic Cardy UGG Boots continued success of a pretty bizarre fashion trend — at 50 times earnings and more than 5 times sales.
It’s easy to be bullish when everything is going well, but traders will be dumping this one like they dumped Crocs (NASDAQ: CROX) at the first sign of slowing growth. And at some point, Cheap Black Uggs, won’t people have all the Kid’s Classic Tall UGG Boots they need?
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