Where does a company valued around $5.0Billion with one major product line go from here? I looked at CROX and passed because very few companies that deal in footware have “crossed over” to the mass market successfully. CROX hit my trading model last fall (2006) and was “closed out” when it had a run-up this summer.
Will it continue it’s run? Perhaps. However, there are many other high-growth companies that are rapidly growing in their market valuations with *much less* risk for those who want to quickly grow a portfolio!
CROX is the next and current super growth stock.
Hi Mark,
Where does a company valued around $5.0Billion with one major product line go from here? I looked at CROX and passed because very few companies that deal in footware have “crossed over” to the mass market successfully. CROX hit my trading model last fall (2006) and was “closed out” when it had a run-up this summer.
Will it continue it’s run? Perhaps. However, there are many other high-growth companies that are rapidly growing in their market valuations with *much less* risk for those who want to quickly grow a portfolio!
Sam
NSS Editor.