Foot Locker shows early signs of momentum ahead of dividend

Shoe store company Foot Locker trades at an attractive forward P/E of 7.73, with a dividend yield of 4%. Analysts expect the company to grow its earnings over the next 2 years. The stock's been a little sluggish lately, but it's starting to show signs of momentum ahead of its January 17 ex-dividend date. Now may be the time to buy the stock to capture the dividend.