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Is there a shoe stock that fits the needs of investors?

Put simply, there's a shoe stock that fits the needs of investors of all types. Data source: YCharts. Market cap as of November 20, 2023.

Are shoe stocks a good investment?

Many shoe stocks are a long-term value investment. They are slower-growing businesses but are profitable and sometimes offer a little dividend income. Other smaller brands that are on-trend and riding consumer momentum are more akin to high-growth stocks. Put simply, there's a shoe stock that fits the needs of investors of all types.

How did footwear stocks perform in Q1?

The 6 footwear stocks we track reported a solid Q1; on average, revenues beat analyst consensus estimates by 5.1%. while next quarter's revenue guidance was in line with consensus. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility.

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