1 Growth Stock Down 48% to Buy Right Now
(NASDAQ: CROX), the maker of those popular foam clogs, reported revenue of more than $1 billion and diluted earnings per share (EPS) of $2.87 in the three-month period that ended Sept. 30. Both headline figures were up about 6% year over year, a notable slowdown from previous quarters.
In fact, in each of the last 12 quarters (besides Q3 2023), this shoe business registered double-digit revenue growth, a stellar run. I think that track record still makes Crocs a growth stock.
Nonetheless, its shares are down 48% from their all-time high. Investors shouldn't panic, though. This is a company that should be on your radar as a potential buying opportunity.
Source Fool.com
Crocs Inc. Stock
€116.54
0.970%
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
As a result the target price of 122 € shows a slightly positive potential of 4.69% compared to the current price of 116.54 € for Crocs Inc..
