Extreme Option Profits Chart of Day…Crocs (CROX)

Keep an eye on Crocs (CROX).

After running from a low of $20 to $149, the stock continues to trend higher.  

From here, CROX could potentially see $160 after announcing it expects to have “$500M of shares in 2021 by the end of the fiscal third quarter. In addition, the company announced it will enter into a new Accelerated Share Repurchase plan that will conclude by the end of 2021.

Earlier this month, the board of directors approved an increase to the company’s repurchase authorization such that $1.05B will remain available for future common stock repurchases after the announced ASR is completed,” as reported by The Fly.

Better, the company is targeting $5 billion in sales by 2026, and just reiterated 60% to 65% sales growth for full-year 2021.

This is just one of the opportunities we find quite often inside Extreme Option Profits. 

 

  • Takes LESS Than 10 Minutes a Week
  • Averaged 32.26% Gains in Weekly Income Over the Last Year
  • Made 1,677.96% Returns in the Last 12 Months