Deckers Up Another 5% Today, Cramer Continues To Win (DECK)

Despite being marauded by pundits everywhere, Jim Cramer continues to be be right. Shares of Deckers Outdoor Corporation DECK continue to fly higher, gaining more than 5% on heavy volume. DECK has traded more than 200% of its average daily volume. The company known for its Uggs boots, recently signed New England Patriots quarterback Tom Brady to be the spokesmen for its mens' division. Cramer ascertained that having Brady would lead to more explosive growth for the foot wear company, who has seen its shares skyrocket over the year. At last check, shares of DECK were up $4.06 today to $81.86. Deckers Outdoor Corporation engages in the design, production, marketing, and brand management of footwear and accessories for outdoor activities and everyday casual lifestyle use.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Jim CramerMoversMediaConsumer DiscretionaryFootwear
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!