Crocs: The Past Doesn’t Always Reflect The Future (NASDAQ:CROX)
Natal-is Shoe manufacturer and brand Crocs, Inc. (NASDAQ:CROX) has seen an impressive 37% share price rise year-to-date [YTD], far outstripping the small 3% increase in the S&P 500 Consumer Discretionary index. This is also a welcome change after the stock dropped by 14% in 2023. Price Chart (Source: Seeking Alpha) However, I believe that this…