Analyst Explains Why She's Buying Deckers (DECK) Amid 'Great Global Opportunities'

We recently published Trending Analyst Calls: Top 10 Stocks. Deckers Outdoor Corporation (NYSE:DECK) is one of the stocks analysts were recently talking about.

Stephanie Link, CIO at Hightower, recently explained in a program on CNBC why she is buying Deckers Outdoor shares. The analyst mentioned Deckers’ Hoka brand growth and market opportunities for expansion.

“I’m a big believer in Hoka myself personally, but the numbers speak for themselves. It’s growing Hoka about 20% and they’re guiding double-digit growth for the rest of the year for Hoka. UGG actually saw a massive snapback of 19% growth last quarter versus 3% the prior quarter. So they’re seeing brand momentum. That’s what I like to see in retail. They have great global opportunities to gain market share. International last quarter grew 50%. I think they’re just at the tip of the iceberg in terms of international momentum.”

Fidelity Growth Strategies Fund stated the following regarding Deckers Outdoor Corporation (NYSE:DECK) in its Q1 2025 investor letter:

“Underweighting shares of footwear and apparel maker Deckers Outdoor Corporation (NYSE:DECK) also notably helped. The stock plunged in January after the firm’s fiscal-year revenue forecast fell short of Wall Street analysts’ expectations. Despite reporting higher sales in its two crucial brands, UGG® and HOKA®, analysts were concerned about the company’s expansion capabilities amid declining sales in its largest market, the U.S., and other challenges.”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.