Local shoe company Crocs seems to be taking the world by storm. In the last year, the stock has risen from a low of around 25 to near 70. The last 10 points were due to a great earnings report.
In yesterdays Bulls and Bears program on the FOX News business block, each guest makes a prediction. One of the guests, Gary Kaltbaum recommended Crocs. The guests recommendations are then put on the Fox web site, in the form of a poll, to allow people to vote for their favorites. Interestingly enough, the Croc’s recommendation was basically tied for the bottom of the list as you can see above.
This tells me the Crocs stock run isn’t over.
