Is Crocs Stock a Buy?
After its clunky-but-comfortable shoes were all the rage in 2007, by 2009 the prospect of bankruptcy loomed large for footwear name Crocs (NASDAQ: CROX). The company managed to hang on until 2013 when a partnership with a private equity firm provided some much-needed cash. Under the leadership of Andrew Rees, who was named CEO in 2017 after joining the company in 2014, Crocs has created an incredible resurgence.