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CROX - Crocs' Stock Is Still Cheap
June, 22 2024 05:20 AM
Crocs Inc.
2024-06-22 05:20:51 ET
Summary Crocs continues setting new quarterly revenue records and sustaining unparalleled profitability. The macro environment is improving for Crocs, as rising real wages across the developed world will likely boost discretionary spending. My valuation analysis suggests that the stock is almost 40% undervalued.
Investment thesis For further details see:
Crocs' Stock Is Still Cheap
Stock Information
Company Name:
Crocs Inc.
Stock Symbol:
CROX
Market:
NASDAQ
Website:
crocs.com
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