Cricut: Growth Catalysts Are Still Intact

Aug. 15, 2021 10:30 PM ETCricut, Inc. (CRCT)2 Comments
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StockBros Research


  • Cricut is a solid company with a very loyal following.
  • The company's growth is expected to slow down faster than expected in the near term.
  • Despite the near-term slowdown, Cricut's growth catalysts are still intact.
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Cricut, Inc. (NASDAQ:CRCT) had a very strong second quarter. Revenue increased 42% compared to the same quarter in 2020. This is very impressive because the 42% is on top of the 149% increase the company saw in 2020 over 2019.

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Two bros that talk about stocks, mainly GARP (growth at a reasonable price) stocks, but we look for opportunities everywhere. We don't have a specified time horizon. We invest in a stock for as long as our thesis holds true, and get out when the facts change. In addition, we've developed market-beating algorithms with python that help us find attractive investment opportunities within our own portfolios.Website: www.stockbrosresearch.comTwitter: @StockBrosTrades

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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