Zacks Investment Ideas feature highlights: Steve Madden, DSW, Foot Locker and Deckers

For Immediate Release

Chicago, IL – November 6, 2010 – Today, Zacks Investment Ideas feature highlights features: Steve Madden (SHOO - Snapshot Report), DSW, Inc, (DSW - Snapshot Report), Foot Locker, Inc. (FL - Snapshot Report) and Deckers, Inc. (DECK - Analyst Report).

These 4 Stocks Are a "Shoe-In"

Strong momentum from Black Friday carried over to Cyber Monday, where sales were up an impressive 20% from last year, coming directly ahead of a report a few days later that showed retail sales were up 6% in November as consumers flexed some muscle and loosened the purse strings.

So clearly, we are seeing some excellent momentum come to life in retails sales directly ahead of the holidays, a fact that bodes well for the sectors top performers.

How Do I Play the Trend?

Which brings me to my next point; how to play the trend? As the momentum strategist at Zacks.com, I spend a lot of time looking at high-flying stocks, and over the last few weeks, I have seen so many shoe companies come across my screens that I actually started to wonder if shoes came out of the ground like oil or gold.

Here are four of the best, supported by strong sales and robust demand, a great way to capitalize on what is shaping up to be a relatively strong showing from the retail sector this holiday season.

Four Awesome Shoe Stocks

Steve Madden (SHOO - Snapshot Report) has more than doubled since March, recently hitting a new multi-year high at $46.76 after reporting its fourth earnings surprise in as many quarters in late November. With a bullish next-year estimate calling for 14% growth and a reasonable valuation, this Zacks #2 rank stock is looking strong ahead of the holidays.

DSW, Inc, (DSW - Snapshot Report) is also a leader in the shoe space, with its share price jumping 60% since September after recently hitting a new multi-year high at $41.85. The discount-retailer, also a Zacks #1 rank stock, has an average earnings surprise of 10% over the last four quarters and boasts a 9% growth projection.

Foot Locker, Inc. (FL - Snapshot Report) has also been hot of late, recently surging to a new multi-year high after reporting an awesome, Q3 earnings surprise of 94% in late November. This Zacks #1 rank stock is projected to grow its earnings by 14.5% next year.

Deckers, Inc. (DECK - Analyst Report) is the last of the group, but certainly not the least, with shares recently surging to a new all-time high of $80 on a 15% Q3 earnings surprise. With a Zacks #1 rank and bullish next-year estimate calling for 11% growth, Deckers looks well positioned for a strong holiday showing 

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Read the full analyst report on SHOO

Read the full analyst report on DSW

Read the full analyst report on FL

Read the full analyst report on DECK