Crocs' Turnaround May Already Be Here - Potential Doubling Ahead

Sophonnawit Inkaew We previously covered Crocs, Inc. (NASDAQ:CROX) in December 2023, discussing why the stock's recovery from the October 2023 bottom was likely to be unsustainable. This was attributed to the decelerating growth of its core brand and HeyDude's disappointing performance, worsened by the slowing sales in the North American region. With it no longer offering a compelling growth story and no dividends, we had believed that the stock might at best trade sideways, until the management was abl ...