Does This Magnificent Competitive Advantage Make Crocs Stock a Screaming Buy?
Warren Buffett, who many consider to be the greatest investor ever, fancies companies that have a competitive advantage. This is a valuable attribute that helps to keep rival corporations at bay. And owning these types of businesses can be hugely beneficial to one's portfolio because these stocks can provide solid long-term returns.
With that framework in mind, it's time to turn our attention to (NASDAQ: CROX). The popular footwear stock has soared 491% (as of June 16) over the past five years thanks to rising sales and profits. But key to its success is a competitive advantage that investors need to know about.
Continue reading to find out if this powerful trait makes Crocs a screaming buy right now.
Source Fool.com
Crocs Inc. Stock
€131.82
2.810%
With 25 Buy predictions and not a single Sell prediction Crocs Inc. is an absolute favorite of our community.
With a target price of 135 € there is a slightly positive potential of 2.41% for Crocs Inc. compared to the current price of 131.82 €.
