Bargain Alert: Crocs a Footwear Brand With Single Digit P/E Ratio

Crocs, Inc. (NASDAQ: CROX) is the Colorado headquartered foam clog maker. We all know them to see and probably have a pair lying around the house, and if you’re a long-term investor in their shares, then you know you’ve been on a rollercoaster. A 75% sell-off after 2021’s massive rally was well on its way to being undone when things took yet another turn earlier this year. 

Slowing growth and weak guidance from management conspired to pull shares down all through the summer, in a 45% drop that was still going into last week.

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