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3 Shoe Stocks Analysts Say You Should Buy Right Now

From athletic powerhouses to family footwear favorites, FN rounds up three shoe stocks that market watchers are buzzing about right now.
Foot Locker
The specialty athletic retailer — doing business under eight distinct banners including Foot Locker, Champs and Eastbay — has been in Wall Street’s good graces for several years even amid a brief shortfall in 2017.
The firm, which revealed its five-year growth plan during an investor day last month, boasts a “buy,” “positive” or “outperform” rating from Wells Fargo, Pivotal Research, Wedbush and Susquehanna.
“We believe investments in data analytics, new store formats, digital and omnichannel capabilities, and a new loyalty program, will create improved customer engagement,” Susquehanna Financial LLLP’s Sam Poser said on March 31, providing his thoughts on the company’s investor meeting. “Additionally, the realignment of the internal merchandising organizational structure to complement Foot Locker’s investments are creating a more customer-centric organization that we believe will lead to a more nimble and dynamic company able to adapt to the continued increasing pace of change in consumer preferences.”
Foot Locker said it expects to produce top-line compound annual growth rates in the mid-single digits over the next five years. From 2019 to 2023, EVP and CFO Lauren Peters said the company expects

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Via:: https://footwearnews.com/2019/business/financial-news/best-stocks-to-buy-now-invest-april-2019-1202769791/