Is This 1 Thing the Biggest Risk for Crocs Stock?
(NASDAQ: CROX) recently reported revenue and earnings that came in better than analysts' expectations. This partly helps explain why shares are up 23% so far in 2024, outperforming the 4% rise of the S 500.
If we zoom out, this shoe stock's performance is remarkable. Crocs' shares have soared 309% and 629%, respectively, in the last five and 10 years despite still being down 36% from their peak price.
Investors might be ready to immediately add the company to their portfolios. But before doing so, it's best to understand what Crocs' biggest risk might be.
Source Fool.com
Crocs Inc. Stock
€117.60
2.240%
With 21 Buy predictions and not a single Sell prediction Crocs Inc. is an absolute favorite of our community.
With a target price of 127 € there is a slightly positive potential of 7.99% for Crocs Inc. compared to the current price of 117.6 €.
