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Goleta, California-based Deckers Outdoor Corporation (DECK) is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. With a market cap of $14.5 billion, Deckers' proprietary brands include UGG, HOKA, Teva, Sanuk, and Koolaburra.
Companies worth $10 billion or more are generally described as “large-cap stocks.” Deckers fits this bill perfectly. Given the company’s strong portfolio of well-known brands, its valuation above this mark is unsurprising.