Deckers Outdoor has had a rough 2012, but the company has fallen squarely into value-stock territory now. Despite some fundamental weakness such as reliance on just one major brand, Deckers continues to perform well.

The company has achieved impressive returns on invested capital, carries no debt, and has an industry-leading margin. Deckers Outdoor could head significantly higher if it executes well this holiday shopping season.

See more in the following video.

Of course, as cheap as Deckers is, there are risks. If you prefer the guaranteed return that dividends provide instead, we invite you to read more about The 3 Dow Stocks Dividend Investors Need. Uncovering these top picks is absolutely free, so just click here and read more now.