The Market Hated Financial Results for These 4 Stocks. Are Investors Getting It All Wrong?
Four times annually, investors are inundated with financial news from public companies. Public companies tend to report their numbers on a quarterly basis, and the majority report at about the same time. This time is affectionately called earnings season.
Hundreds of companies have already reported this earnings season, including shoe company (NASDAQ: CROX), home-improvement retailer Floor Decor (NYSE: FND), and enterprise-software companies Paycom Software (NYSE: PAYC) and Confluent (NASDAQ: CFLT). And the market hated the financial reports from all four of these companies.
Every situation is unique, and I believe investors are correct to react as they have for some of these. However, with one of these stocks in particular, I believe the market is getting it totally wrong.
Source Fool.com
Crocs Inc. Stock
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 3.39% compared to the current price of 118.0 € for Crocs Inc..
