Is This Unstoppable Growth Stock a Screaming Buy Right Now?
When thinking of potential investments in the apparel or footwear industries, Nike and Lululemon Athletica likely to come mind. Nike has certainly long dominated the industry, while Lululemon is a fast-growing premium competitor. And they both have their own investment merits.
Without question, however, Crocs (NASDAQ: CROX), a much smaller rival, is a shoe stock that needs to be on your radar if it isn't already. The unstoppable business just reported another strong quarter. And this momentum makes its shares look like a screaming buy right now. Let's take a closer look.
During the three-month period that ended June 30, Crocs generated revenue of $1.1 billion, a quarterly record for the company. And adjusted diluted earnings per share (EPS) came in at $3.59. Both of these figures were up 11% year over year, and they exceeded Wall Street estimates.
Source Fool.com
Lululemon Athletica Inc. Aktie
Die Lululemon Athletica Inc. Aktie ist etwas beliebter: Mehr Buy- (87) als Sell-Einschätzungen (5).
Ein Kursziel von 457 € für Lululemon Athletica Inc. signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 284.8 €.
