Yes, if you do not need one-handed opening. A stockman carries three blades, a clip point for piercing, a sheepsfoot for controlled cuts and a spey for skinning and scraping, in a slim package with no pocket clip. It is a pocket toolkit rather than a single tool.
The clip point pierces and does detail work. The sheepsfoot makes controlled cuts with no risk of puncturing what is behind. The spey skins and scrapes.
That combination is why the pattern lasted a century and a half. You are rarely using the wrong blade for a job.
Two-handed opening, no pocket clip, no lock. A slip joint is held open by backspring pressure only, so pressure on the spine will close it. That demands a different grip discipline rather than making it unsafe.
It also rides loose in a pocket, which some people prefer and others find a nuisance.
People who like handling their knife, who do varied light cutting, and who are not in a hurry. If you need to open one-handed while holding something else, a modern folder is the better tool.
Case is the reference maker for the pattern. See the Case trapper.