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. 

Continue reading

Source Fool.com