Steven Madden, Ltd. (SHOO): A Bull Case Theory

We came across a bullish thesis on Steven Madden, Ltd. on Waterboy’s Substack by Waterboy Investing. In this article, we will summarize the bull’s thesis on SHOO. Steven Madden, Ltd.'s share was trading at $23.35 as of June 25^th. SHOO’s trailing and forward P/E ratios were 10.06 and 30.67, respectively, according to Yahoo Finance.

[caption id="attachment_1231318" align="aligncenter" width="768"] A pair of stylish shoes on a modern store shelf, illustrating the companies focus on footwear and accessories.[/caption]

Steve Madden, Ltd. (SHOO), is a footwear and accessories...