This is a cyclical stock and this is not their time. Earnings did not reflect the expected growth and reports indicate lower future demand. However, CROX is expanding into the European and Asian markets and they are expected to make a hit there. Reports also indicate new product lines are expected to come out for the winter season showing potential assistance for the bottom line. I would wait a few more months before investing in this as a European fad trade but expect a small spike for the short term.
$39.95 (11/10/07)
