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This Looking at You Crox

February 19th, 2008 | Stock Recommendations,

Update – Good thing I got out after a 1 point loss. Yikes.

This will basically be a hit or miss week. Many retail stocks are coming out with earnings this week, and it will be interesting to see how the market takes all the news, especially with big name Walmart to set off the week with earnings at mid-day.

The one stock that has caught my fancy is Crocs (CROX). The stock has taken a huge beating. Nearly 50% off its high from back in October. Many stocks that I have picked based on the beating they have taken have worked out pretty well (eg. CAT).

After spitting out somewhat disappointing numbers back in October, investors will be interested to see what CROX has to say this time. The company is known for usually knocking the reports out of the ballpark. I personally am getting into the stock (33.85-ish) before they report after the market closes Tuesday. That is probably when the biggest jump will occur (if it happens). If the reports are good, then I will look to possibly hold it long.

CROX 21708

More on this topic (What's this?)
Stock Analysis: WMT Wal-Mart (Dividends Value, 1/21/08)
Crocs (CROX): Another Earnings Release, Another Sell-off (College Analysts, 2/19/08)
Doubling up on CROX; Nutrisystem (NTRI) Losing Weight (College Analysts, 2/20/08)
Read more on Crocs, Wal-Mart at Wikinvest
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One Response to “This Looking at You Crox”

  • Options Strategery
    February 21, 2008 at 7:17 pm

    Plastic shoes are the last thing to consumers want when they get pinched. And doesn’t plastics come from petroleum? Demand destruction + increased cost + bubble stock = downside risk.