Although This Phenomenal Stock Has More Than Quadrupled Since 2019, It Could Still Skyrocket
Amid macroeconomic headwinds, which stem from higher interest rates, inflationary pressures, and recession fears, some businesses continue to post healthy results. (NASDAQ: CROX), the maker of popular foam clogs, is one such enterprise, as its latest quarterly numbers were better than analysts expected.
Ongoing financial success has made this booming footwear stock a massive winner in recent times, as it has more than quadrupled in just the last five years. This crushes the gains of the Nasdaq Composite index.
But investors who have missed the remarkable performance shouldn't worry. Crocs stock could still skyrocket going forward.
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..
