Despite the popularity of its Ugg and Teva products, Deckers Outdoor (NYSE:DECK) dropped over 50% last year. At just 10 times earnings, is this stock ready for a comeback?

Catherine Baab-Muguira has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.