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Investing in growth stocks can help you build tremendous wealth for retirement. Many top growth stocks have fallen this year as Wall Street worries about a recession.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Nike (NKE 0.46%) and Deckers Outdoor (DECK 2.42%) are two stocks that have been struggling this year. The former is down 24%, while the latter has nosedived a whopping 46%.
The market has been surprisingly resilient in the latter half of April after President Trump paused tariffs for most countries.
It's been an erratic year for the stock market. Through everything that's happened so far, the broader benchmark S&P 500 is down about 6%, although much more from highs the market reached in mid-February.
Deckers (DECK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Urban Outfitters, Inc. URBN and Deckers Outdoor Corporation DECK compete for dominance in the Retail - Apparel and Shoes industry. Urban Outfitters, with its diverse portfolio, including Anthropologie, Free People and its subscription-based Nuuly service, has established a loyal customer base across multiple lifestyle segments.
Deckers (DECK) closed the most recent trading day at $106.66, moving +0.23% from the previous trading session.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Deckers (DECK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.