Crocs, Inc. (CROX): A Bull Case Theory

We came across a bullish thesis on Crocs, Inc. (CROX) on Substack by Unconventional Value. In this article, we will summarize the bulls’ thesis on CROX. Crocs, Inc. (CROX)'s share was trading at $102.42 as of Jan 27^th. CROX’s trailing and forward P/E were 7.53 and 8.36 respectively according to Yahoo Finance.

[caption id="attachment_1198762" align="aligncenter" width="768"] A busy retail store full of customers trying on a wide range of footwear.[/caption]

Crocs’ current undervaluation by the market stems from concerns over its brand's staying power and skepticism about the...