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Does Crocs' Cheap Valuation Make the Stock a Buy?

·3 min read
Does Crocs' Cheap Valuation Make the Stock a Buy?
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There's no question that Crocs (NASDAQ: CROX) is firing on all cylinders right now. While the business has not shown any signs of slowing down, especially in the uncertain economic environment we're in today, the stock has slumped 67% from mid-November. As of May 13, Crocs' shares are selling for a ridiculously cheap price-to-earnings ratio of just over five.

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