“There’s No Sin in Saying It’s Too Hard”

Crocs, Inc. (NASDAQ:CROX) is one of the stocks that Jim Cramer shed light on. A caller asked if the stock is a buy, sell, or hold, and Cramer commented:

“You know what? I’m going to say something you never hear me say. Crocs and Deckers, I’m giving you two, it’s a twofer. Crocs and Deckers, too hard. You know what? There’s no sin in saying it’s too hard…. Too hard, too hard.”

Jim Cramer on Crocs: "There’s No Sin in Saying It’s Too Hard"
Jim Cramer on Crocs: “There’s No Sin in Saying It’s Too Hard”

A busy retail store full of customers trying on a wide range of footwear.

Crocs (NASDAQ:CROX) designs and sells casual footwear and accessories under the Crocs and HEYDUDE brands. The company provides a wide range of products like clogs, sandals, boots, and charms, among other things. Artisan Partners stated the following regarding Crocs, Inc. (NASDAQ:CROX) in its Q4 2024 investor letter:

“Among our top detractors were Halozyme, Crocs, Inc. (NASDAQ:CROX) and Novanta. Crocs designs, develops, manufactures and distributes casual footwear and accessories for men, women and children. The company invented the molded plastic clog in 2002 and turned it into a multibillion-dollar (USD) global revenue producer. We believe expansion opportunities outside the US, demand from new product introductions (including from recently acquired Hey Dude) and distribution pushes within the direct-to-consumer and wholesale channels will drive greater-than-expected revenue growth. We had expected the performance of its HeyDude brand to have already bottomed, but forward guidance continues to indicate its turnaround efforts, driven by a new divisional leader, will take longer than expected. We maintained our position as we believe the market underappreciates the longer term profit cycle.”

While we acknowledge the potential of CROX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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