Mobile Financial Headlines

JP Morgan likes Crocs (CROX), should you?

posted 837 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke

Enough of everyone crying about how they lost money on Crocs, Inc (NASDAQ:CROX), when shares of a plastic shoe company hit $75 -- you sell.  Now shares are down another %8 today to $35, so when does it end?  Thanks for JP Morgan's comments, the blood bath is finally getting cleaned up.  The reported today that JP Morgan is extremely positive on Crocs (CROX). Later this week, JP Morgan is hosting Crocs' management in both New York and Boston and those meetings should should help to clear up some issues surrounding the company. So if that meeting goes well, off to the races for CROX shares. JP Morgan believes the selloff in Crocs (Nasdaq: CROX) is drastically overdone. Crocs is growing at 35%, but trading ONLY at 14x JP Morgan's 2008 earnings est

Related Headlines