4. Crocs (CROX - Get Report) makes casual and athletic footwear. Since 2007, it has boosted sales 6.2% a year as net income dropped 25% a year. Crocs swung to a second-quarter profit of $32 million, or 37 cents a share, from a loss of $30 million, or 36 cents, a year earlier. Revenue gained 15%. The operating margin climbed from 6% to 17%. Crocs has $97 million of cash, equal to a quick ratio of 1.6, and just $3 million of debt. Its stock trades at a forward earnings multiple of 14, a book value multiple of 3.1 and a sales multiple of 1.4, 22%, 19% and 26% discounts to textile and apparel industry averages. Piper Jaffray (PJC) values the stock at $17, suggesting a 44% return.
10 Stocks to Consider Before Holiday Hype
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.