Aug. 2 at 8:59 PM
I believe
$CROX is a strong brand, and has shown they are inline with shareholder interests. The continued transparency of management to shareholders is greatly appreciated.
The core brand itself does not appear to be in any danger. From a scuttlebutt perspective, I have heard nothing but good things about the product. The shoes are fairly priced and provides good value to consumers, who generally prefer to purchase from Crocs rather than knock-off brands.
The product serves a broad spectrum of consumer needs ranging from casual beachwear and in-home slippers to children's footwear, collectable footwear, and high-fashion collaborations.
The business however, appears undervalued at this price due to temporary headwinds. I hope to see more selling in the markets.
I am currently holding
$CROX.
