Over the years, Oprah's Favorite Things gift list has catapulted small companies and given already-established businesses a healthy helping of PR. And then, of course, there are the product sales. When Oprah gives something her stamp of approval, consumers stampede to the checkout counter.
This year will be no exception. Go ahead and ogle the list, even if a $250 pair of opera-length leather gloves or a $2,900 watch aren't in your budget. Behind the gewgaws, gadgets, and culinary indulgences are publicly traded companies that could see their share prices get a boost from being named as one of Oprah's favorites.
1. Deckers Outdoors (NYSE:DECK): Uggs have been derided as a fad for years, but Oprah declares that, "Uggs are still the warmest boots I own." And she loves the company's Genevieve Ugg boots for $300. The company has certainly warmed up Whitney Tilson's portfolio. He bought Deckers at the beginning of 2013 and has seen it rise from a 52-week low of $29.60 to $72.10.
AnnaLisa Kraft has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, Bed Bath & Beyond, Starbucks, Ulta Salon, Cosmetics & Fragrance, and Williams-Sonoma. The Motley Fool owns shares of Amazon.com, Starbucks, and Ulta Salon, Cosmetics & Fragrance. 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.