Is Crocs Stock a Buy Right Now?
Investors aren't sure what to make of (NASDAQ: CROX) stock right now. The footwear specialist looks like a screaming buy on some measures, considering its fantastic growth through early 2023.
On the other hand, potential shareholders would be taking on some significant risks with this stock that just don't apply to industry peers like Nike (NYSE: NKE). These issues help explain why the stock is trailing the market so far in 2023.
With those trade-offs in mind, let's take a look at whether investors should be adding Crocs to their portfolios right now.
Source Fool.com
Crocs Inc. Stock
€123.46
-0.800%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 140 € shows a slightly positive potential of 13.4% compared to the current price of 123.46 € for Crocs Inc..
