This Under-The-Radar Retail Winner Up 260% In 12 Months Could Have More Upside
Jul 27, 2021
One winner in the retail space has quietly been making new highs after rallying more than 260% over the past 12 months. Crocs, the footwear brand, has roared higher on the back of robust demand. That stock added another 10% on Thursday after reporting quarterly revenue nearly double from a year ago and forecasting another 60% sales growth in its current quarter. Even after that run, there’s still value to be had in the name, according to Gina Sanchez, chief market strategist at Lido Advisors. Read more at CNBC.