Today’s company has a strong brand that’s thriving even in a pandemic…
Regular readers know that companies with strong brands draw their customers to them no matter what. These loyal customers will even pay more for the quality – and distinctive – products they love. Today’s company makes one-of-a-kind shoes that folks can’t get enough of…
Crocs (CROX) is a $10 billion shoemaker. It’s well-known for its chunky foam-clog shoes that boast a unique, comfortable look.
Even through the pandemic, customers have flocked to its products… Last quarter, Crocs reported record revenues of about $641 million, up 93% year over year. And the company recently revealed a five-year plan to continue its growth and reach $5 billion in revenue by 2026 – while at the same time reiterating its raised guidance from July.
CROX shares have seen incredible growth over the past three years… up more than 600% in the period. They recently hit new all-time highs. And as customers stay loyal to this unique shoemaker, the stock should keep rising…
320 hedge funds just sold this stock [sponsor]A strange force has seized control of Wall Street. Hedge funds are already moving their money... and preparing for even stranger days ahead. Over 320 hedge funds have quietly sold THIS famous stock - to prepare for a dramatic market shift. Get the strange truth from a 50-year Wall Street insider... including the name and ticker of the stock hedge funds are selling hand-over-first.
Source: Daily Wealth’s Market Notes