Ask your wife about this one -- Steven Madden

As the world wide economies start to recover and women start to loosen their purse strings woman's footware and accessories should be a growth industry and Steven Madden (SHOO) with its recently acquired of the Betsy Johnson brand should benefit.  They look to double their sales internationally this year.

Steven Madden, Ltd. (SHOO) designs, sources, markets and sells fashion-forward footwear brands for women, men and children. They distribute products through their retail stores, their e-commerce websites, catalogs and department and specialty store.

Technical Factors:

• 88% Barchart technical buy signal
• Trend Spotter (tm) buy signal
• 6 new highs and up 6.20% in the last month
• Relative Strength Index 62.33% and rising
• Trading around 45.10 with a 50 day moving average of 41.78

Fundamental Factors:

• Wall Street brokerage analysts have published 5 buy and 3 hold reports
• Sales are projected to increase by 20.70% this year and 10.00% next year
• Earnings are estimated to increase by 14.60% this year, 12.40% next year and 15.00% annually for the next 5 years

Investor Sentiment:

• The CAPS members on Motley Fool vote 200 to 22 that the company will beat the market
• The more experienced All Stars vote 69 to 10 in agreement
• Fool notes that over the year there have been 5 articles written by Wall Street columnists and they have all been positive.

This is one that will definitely go on my watch list.

Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management  you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High model portfolio.