According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best footwear stocks to buy right now are:
1. Rocky Brands (NASDAQ:RCKY)
The Component Grade breakdown for Rocky Brands (NASDAQ:RCKY) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Rocky Brands (NASDAQ:RCKY) has a Due Diligence Score of 55, which is 17 points higher than the shoe industry average of 38.
RCKY passed 19 out of 38 due diligence checks and has strong fundamentals. Rocky Brands has seen its stock return 44.18% over the past year, overperforming other shoe stocks by 124 percentage points.
Rocky Brands has an average 1 year
price target of $40.00, an upside of 34.09% from Rocky Brands's current stock price of $29.83.
Rocky Brands stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rocky Brands, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Wolverine World Wide (NYSE:WWW)
The Component Grade breakdown for Wolverine World Wide (NYSE:WWW) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Wolverine World Wide (NYSE:WWW) has a Due Diligence Score of 51, which is 13 points higher than the shoe industry average of 38.
WWW passed 18 out of 38 due diligence checks and has strong fundamentals. Wolverine World Wide has seen its stock lose -2.68% over the past year, overperforming other shoe stocks by 77 percentage points.
Wolverine World Wide has an average 1 year
price target of $25.43, an upside of 62.8% from Wolverine World Wide's current stock price of $15.62.
Wolverine World Wide stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Wolverine World Wide, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Crocs (NASDAQ:CROX)
Crocs (NASDAQ:CROX) is the #3 top shoe stock out of 14 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
Learn more.
The Component Grade breakdown for Crocs (NASDAQ:CROX) is: Value: A, Growth: F, Momentum: D, Sentiment: B, Safety: C, Financials: A, and AI: C.
Crocs (NASDAQ:CROX) has a Due Diligence Score of 47, which is 9 points higher than the shoe industry average of 38.
CROX passed 15 out of 33 due diligence checks and has strong fundamentals. Crocs has seen its stock lose -23.66% over the past year, overperforming other shoe stocks by 56 percentage points.
Crocs has an average 1 year
price target of $89.00, an upside of 13.48% from Crocs's current stock price of $78.43.
Crocs stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Crocs, 22.22% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.