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LONG CROCS Inc. (Nasdaq: CROX) CROCS Is COOL Again & GROWTH Is Here To Stay - PT $40-$50

|About: Crocs, Inc. (CROX)
Summary

On the one hand you have a misunderstood growth story (Wall Street still perceives CROX shoes as “ugly” while younger generations see them as trendy/cool).

Management knows where CROX will be 1 year from now. Jul 26, 2019, got a Credit Facility that will allow them to buy back as much as 22% of Co.

Five (5) days (August 7, 2019) after the Q2 2019 Conference Call, someone purchased 10,000 $45 Jan 15 2021 call contracts on for 1.20sh each?

Stock was trading at $31 when Americas growth rate was in the mid 10% earlier this year. After bad Q1 growth stock corrected. Now Americas growing at astonishing 25% - Where should stock be $35?

Now “the Americas” revenue is growing (Q2 effective and H2 implied by guidance) at an astonishing ~25% YoY rate. Stock should reflect this and climb in the $30s swiftly.

PEER VALUATION SUGGEST RIGHT NOW CROX SHOULD BE TRADING IN THE $38-$43 RANGE

READ THE FULL RESEARCH NOTES AT THIS LINK: 

http://unemon.com/ResearchEasy/201909_CROX/20190909_CROX_LONGa.html

Disclosure: I am/we are long crox.