For over a year now, I’ve been pounding on the table about Crocs (NASDAQ:CROX) , saying that the “ugly” sandal maker is a having a seminal moment in fashion and that the brand is on the cusp of becoming the next big thing in the footwear world. Indeed, I’ve even said that CROX stock is turning into the next Nike (NYSE:NKE).
Ostensibly, it’s a bold claim. And it has naturally been met with tons of skepticism.
But guess what?
It’s also been an enormously profitable claim to date. CROX stock currently trades at decade highs, and is up 63% over the past year, 145% over the past two years, and 390% over the past three