Here's My Top Value Stock to Buy Right Now
Whether you personally love or hate its shoes, (NASDAQ: CROX) is a great value stock to buy right now. In fact, I'd say it's my top idea in the value-stock category, based on the company's opportunity, the economics of the business, and the price of the stock today.
I believe the market is wrongly interpreting what's going on in Crocs' business, which has led to a 19% year-to-date decline for the stock. But things like this provide good buying opportunities for investors willing to dig a little deeper.
Crocs is a shoe stock known for its clogs and sandals. In early 2022, the company acquired fellow shoe company Hey Dude for $2.5 billion. And thus began Crocs' current dilemma: how best to capitalize on the acquisition.
Source Fool.com
Crocs Inc. Stock
€132.44
0.140%
The stock is an absolute favorite of our community with 28 Buy predictions and no Sell predictions.
As a result the target price of 144 € shows a slightly positive potential of 8.73% compared to the current price of 132.44 € for Crocs Inc..
