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Enter Symbol:
 
Crocs, Inc. (CROX) [hlAlert]

Rating:
Buy CROX
down 30.43 %

Crocs, Inc. (CROX) rated Buy with price target $22 by Longbow

Posted on: Thursday,  Jul 12, 2012  9:25 AM ET by Longbow

Longbow rated Buy Crocs, Inc. (NASDAQ: CROX) on 07/12/2012. Previously Longbow rated Buy Crocs, Inc. (NASDAQ: CROX) on 04/12/2012., when
the stock price was $20.34. Since then, Crocs, Inc. has lost 30.43% as of 01/13/2016's recent price of $14.15.
If you would have followed the previous Longbow's recommendation on CROX, you would have lost 30.43% of your investment in 1371 days.

Crocs, Inc. is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the CROCS brand. All of the Company's footwear products incorporate its proprietary closed-cell resin material, which the Company believes represents a substantial innovation in footwear comfort and functionality. The Company's proprietary closed-cell resin, which it refers to as Croslite enables Crocs to produce a soft and lightweight, non-marking, slip and odor-resistant shoe. These unique properties make the Company's footwear ideal for casual wear, as well as for recreational uses such as boating, hiking, fishing and gardening, and have enabled Crocs to successfully market its products to a broad range of consumers.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/12/2012 9:25 AM Buy
None
13.93 22.00
as of 12/31/2012
1 Week up  5.34 %
1 Month up  7.79 %
3 Months down  -11.22 %
1 YTD up  3.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/12/2012 9:25 AM Buy
None
20.34 26.00

(*) Stock Price at the time of the recommendation.
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