Seeking Alpha

Crocs (CROX -1.1%) looks like it could be set to soar, according to Goldman Sachs. Analyst...

Crocs (CROX -1.1%) looks like it could be set to soar, according to Goldman Sachs. Analyst Taposh Bari thinks the company will update its guidance shortly, possibly at an investor conference next week. While Goldman likes the January $15 CROX calls going for $0.60, it also thinks shares could rise 12% over a longer haul of a year.
Comments (3)
  • Must give management a lot of credit for taking the cash flow from a single faddish product and building a real, relatively diversified shoe company.
    10 Jan 2013, 01:33 PM Reply Like
  • GS must be wanting to sell those calls.
    10 Jan 2013, 01:57 PM Reply Like
  • You would need a 5% move by next Friday to basically break even on .60 cent calls. Risky trade.
    10 Jan 2013, 04:34 PM Reply Like
DJIA (DIA) S&P 500 (SPY)