Deckers Outdoor Rising On Heavy Volume Again (DECK)

Deckers Outdoor

is rising on heavy volume today. The shares have climbed 3.22% to $157.77. More than 326,958 shares have traded hands compared to a daily average of 515,000. If you are unfamiliar with the Decker (

) story, you shouldn't be. This stock has been on fire for years and years. It was one of the best performing stocks of the last decade, and is one of the hottest names on the Nasdaq right now. Year to date, DECK has gained 55.1%. In the last month, the stock is up over 15%, despite the broader market sell off. DECK owns the UGG boot brand and the Teva sandal brand. Despite the tremendous growth at the company, there seems to be room for plenty more, as DECK only has a market cap of $2.03 billion. The shares trade at a P/E of 16.79, a forward P/E of 14.25, and a PEG ratio of 0.65. Between 2006 and 2009, the company grew revenues from 304.42 million to more than $813 million. If you are looking to add some growth to your portfolio, look to DECK.