The Ultimate Growth Stock to Buy With $1,000 Right Now

The sneaker and shoe business is ruthlessly competitive, and Nike has dominated the industry for decades. Nike is still the world's largest sporting shoe and apparel company by a wide margin, but it may no longer be the best stock in the space.That distinction may now belong to Deckers Outdoor (NYSE: DECK), which has risen 400% over the past five years, while the once-vaunted Nike stock has declined 32%.Deckers hasn't risen in a straight line, though. The stock took a good tumble following its previous earnings announcement, and shareholders are cautiously awaiting the company's first-quarter results, which are due after the market close on May 22.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool