The Traderszone Network

Published in TZ Latest News 18 March, 2015 by The TZ Newswire Staff

Hot Industries: Shoemakers Stepping Up Profits

A few shoemakers are stepping out in style, either hitting new highs or forming bases that could be the launching pad for an advance. The industry group ranks No. 80 out of 197 groups. The leader of the pack is Skechers (SKX), which is closing in on a new high. The stock cleared a 63.08 cup-with-handle entry Feb. 12 after reporting better-than-expected earnings that were 71% above the year-ago figure.

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