Top 10 High Tech Stocks To Buy For 2016

Top 10 High Tech Stocks To Buy For 2016: Skechers U.S.A. Inc.(SKX)

Skechers U.S.A., Inc. engages in the design, development, marketing, and distribution of footwear for men, women, and children in the United States and internationally. The company offers various products comprising casuals, such as boots, shoes, and sandals for men, as well as slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals; relaxed fit for men; sandals; and casual fusion under the Skechers USA brand name. It also provides a line of sport footwear for men and women, including men?s lifestyle athletic footwear, lightweight women?s sneakers, and sport sandals under the Skechers Sport brand name. In addition, the company offers men?s and women?s casuals, field boots, hikers, and athletic shoes under the Skechers Work brand name; and a range of infants, toddlers, boys, and girls? boots, shoes, and sneakers under the Skechers Kids brand name. Further, its product line includes Skechers Active products, such as casual everyday and sport fusi on sneakers for females; Tone-ups and Tone-ups Fitness products comprising casual and athletic-inspired sandals for women, as well as sneakers; Shape-ups toning footwear for men and women; and Skechers Resistance Runner technical shoes for runners. Skechers U.S.A. markets its products through department and specialty stores, athletic and independent retailers, and boutiques, catalog and Internet retailers, as well as through own e-commerce Website and retail stores. As of February 15, 2011, it operated 105 concept stores, 99 factory outlet stores, and 40 warehouse outlet stores in the United States, as well as 28 concept stores and 16 factory outlets internationally. The company was founded in 1992 and is headquartered in Manhattan Beach, California.

Advisors' Opinion:

• [By techjunk13]

  Footwear-maker Skechers USA (SKX) released impress! ive results for the second quarter. Skechers saw a commendable improvement in sales. Its aggressive marketing strategies and distribution helped the company achieve its highest quarterly revenue in the 22-year history. Skechers is in a strong position with an impressive balance sheet. Management is geared up for another impressive quarter with new products and the growing demand for footwear driving its sales. With the future looking bright and several strategies in the pipeline, Skechers is set for a robust performance.

• [By Johanna Bennett]

  It's been a rough week for the footwear market. Finish Line's results added to fear fueled earlier this week when Skechers (SKX) dropped almost 10% after analysts suggested that sales were slowing.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-high-tech-stocks-to-buy-for-2016.html