Buy This Undervalued Stock Before Everyone Else Does
Legendary investor Warren Buffett's popular investment strategy centers on finding businesses that are trading for less than their true worth. The hope is that over time the market will start to understand and appreciate the company's favorable qualities, and the stock will rise to reflect this upgraded perspective.
With the S 500 and Nasdaq Composite indices up 11% and 26%, respectively, this year as of June 6, investors might be thinking that undervalued stocks are hard to come by right now. But this would be a flawed assumption. Here's one cheap shoe stock that you should buy before everyone else does.
Over the past five years, Crocs (NASDAQ: CROX) shares have produced a fantastic return of 500%, far exceeding the performance of the broader indexes. This is true even though the stock is down 38% from its peak. Having this company in your portfolio would've certainly been a huge win.
Source Fool.com
Crocs Inc. Stock
With 24 Buy predictions and not a single Sell prediction Crocs Inc. is an absolute favorite of our community.
With a target price of 132 € there is a slightly positive potential of 15.12% for Crocs Inc. compared to the current price of 114.66 €.
