SOURCE: World Street Fundamentals

August 01, 2011 09:00 ET

Weight of Congress on Aug 2. Deadline - Equity Research on Skechers USA, Inc. and Steven Madden, Ltd.

HONG KONG--(Marketwire - Aug 1, 2011) - Today, released its industry report highlighting Skechers USA, Inc. (NYSE: SKX) and Steven Madden, Ltd. (NASDAQ: SHOO). Full fundamental and technical analysis is available at

Top considerations within today's market lies with the current status of the US debt ceiling. Despite the US National Gross Domestic Product beginning to move beyond high-watermark, marking a significant shift away from recessionary pressures; continued momentum relies upon inking of the most recent tentative non-default agreement within congress on or before August 2, 2011. The US Department of Commerce has confirmed growth within first quarter 2011, opening the strong possibility of companies within sub-sectors to experience organic revenue growth in the case of successful agreement.

No matter the outcome, opportunity is being marked for investors to take advantage of equities with high-margin and specialty products. Fundamental positives in this area are provided by limited exposure to rising commodity costs. Although raw material cost increases will continue to pressure margins, well-positioned companies can leverage organic growth and general consolidation of product lines to sustain bottom-line growth. Market-wise investors are looking to build strong cash positions to take advantage of events in the coming weeks, carefully watching for value within equities boasting established pipelines and excellent growth prospects.

World Street Fundamentals has highlighted Skechers USA, Inc. as the designer and marketer of Skechers-branded lifestyle footwear for men, women and children under several lines. In addition to Skechers-branded lines, The Company also offers several branded fashion and street-focused footwear lines for men, women and children. The entire report on Skechers USA, Inc. (NYSE: SKX) is available here:

World Street has featured Steven Madden, Ltd. as a designer, sourcer, marketer and seller of footwear for women, men and children. It also designs, sources, markets and sells name brand and private label fashion handbags and accessories. It distributes products, through its retail stores, its e-commerce Website, department stores, specialty stores, luxury retailers, national chains and mass merchants. The entire report on Steven Madden, Ltd. (NASDAQ: SHOO) is available here:

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