Crocs Inc. (CROX)

[winston]

'UGLY IS IN': RIDING THE TREND FROM 'BAD TO LESS BAD'

Today, we're taking a look at one of our favorite investing themes...

Crocs (CROX) is the $2.3 billion maker of Crocs – the clunky shoes that you love to hate. But believe it or not, Gen Z loves them – period.

Celebrities like Drew Barrymore even have their own Crocs fashion lines, and actress Zooey Deschanel is a brand ambassador.

Shares recently fell in May after investors overreacted to trade-war concerns. Now that those worries have faded, they're on the rise again. It's a perfect example of profiting when things go from "bad to less bad"...

As you can see on the chart, shares are up nearly 90% from their June lows... And they're still climbing higher. As investors forget their fears, this trend in "ugly" shoes should continue for now...

Source: Daily Wealth

[winston]

not vested

FOLKS KEEP BUYING THIS BRAND'S ONE-OF-A-KIND SHOES

Today, we're highlighting a company that's instantly recognizable...

As regular readers know, we love companies that have strong brands. Powerful brand names inspire customers to stay loyal to a company and its products...

And folks are willing to pay more for names they love. That's exactly what this shoemaker has seen this year – even during the global pandemic...

Crocs (CROX) is a $4 billion shoemaker, with the classic Crocs foam-clog shoe as its most beloved item. This company prides itself on making some of the most comfortable and unique shoes out there, and it has sold more than 600 million pairs around the world.

Crocs' customers have stayed loyal through the COVID-19 lockdowns... The company achieved record third-quarter revenue of $361.7 million, up 15.7% year over year. And it even raised prices on select items.

As you can see, shares of CROX have skyrocketed since bottoming with the rest of the market in mid-March. The stock is up more than 450% – recently hitting a new all-time high.

As long as Crocs' brand is known and loved around the world, this stock should continue higher...

Source: Daily Wealth

[behappyalways]

Crocs: How the Polarizing Footwear Brand Became a Fashion Statement | The Economics Of | WSJ
https://m.youtube.com/watch?v=kO5FURUKTi4

[behappyalways]

How Crocs Cracked the Code in China’s Youth Market | WSJ
https://m.youtube.com/watch?v=xOBggykgTAM