|Bid||55.00 x 1800|
|Ask||58.50 x 800|
|Day's Range||54.26 - 56.14|
|52 Week Range||47.33 - 183.88|
|Beta (5Y Monthly)||1.85|
|PE Ratio (TTM)||4.99|
|Earnings Date||Jul 20, 2022 - Jul 25, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||110.22|
Here are three examples of growth stocks that are all trading at discounts of 60% or more from their 52-week highs that investors with a five-year-plus time horizon can buy now and hold for the long term. Canada Goose (NYSE: GOOS) is down just over 60% from its 52-week high due to many of the same reasons as other stocks, including concerns about inflation and supply-chain disruptions, as well as China's ongoing lockdowns. On the latest earnings call, CEO Dani Reiss touted the fact that the company is "uniquely insulated" from supply-chain challenges because 84% of the company's manufacturing is done in Canada and that it thus hasn't seen any major disruptions in terms of the supply chain.
A disastrous earnings report from retail clothier Abercrombie & Fitch (NYSE: ANF) reverberated across the retail industry Tuesday, pulling down shares of rival clothing chains such as American Eagle Outfitters (NYSE: AEO), Gap (NYSE: GPS), and Crocs (NASDAQ: CROX) as well. Abercrombie suffered the greatest damage of the four, falling 28.8% today.
As consumers searched for footwear with a combination of affordability, comfort, and style throughout the pandemic, Crocs' (NASDAQ: CROX) business soared. Crocs' most impressive financial metric, though, might be its 49.2% gross margin. Not only is this figure higher than that of competitors like Nike, Under Armour, Skechers, and Steve Madden, but it also highlights just how profitable Crocs has become.