What Did Jim Cramer Say About These 19 Stocks Recently?

7. Crocs Inc. (NASDAQ:CROX)

Number of Hedge Fund Holders: 41

When asked about Crocs Inc. (NASDAQ:CROX), Cramer was blunt in his response:

“Crocs? Crocs? We got On Holdings at 45, and you come to me with Crocs? Come on, man! Crocs, no—On, yes!”

Artisan Small Cap Fund stated the following regarding Crocs, Inc. (NASDAQ:CROX) in its Q4 2024 investor letter:

“Among our top detractors were Halozyme, Crocs, Inc. (NASDAQ:CROX) and Novanta. Crocs designs, develops, manufactures and distributes casual footwear and accessories for men, women and children. The company invented the molded plastic clog in 2002 and turned it into a multibillion-dollar (USD) global revenue producer. We believe expansion opportunities outside the US, demand from new product introductions (including from recently acquired Hey Dude) and distribution pushes within the direct-to-consumer and wholesale channels will drive greater-than-expected revenue growth. We had expected the performance of its HeyDude brand to have already bottomed, but forward guidance continues to indicate its turnaround efforts, driven by a new divisional leader, will take longer than expected. We maintained our position as we believe the market underappreciates the longer term profit cycle.”