Van the sports sector is topping out today I can feel it... You get good ideas by watching TV I was watching TMZ and they were saying everyone young is wearing Crocs now as sort of a stay at home joke. I can't stand those ankle breakers- so ugly and Chef's usually wear them to stay above the garbage juice still I heard that and had a very strong urge to buy Crox the stock not the shoe. B. Riley sees 'accelerated growth for several years' for Crocs
Crocs would be performing well even without pandemic, says CL King 09/18 CROX CL King analyst Steven Marotta keeps his Neutral rating on Crocs after hosting his firm's 18th Annual Best Ideas Conference with its management this week. The analyst notes that the company's direct-owned businesses are currently performing well and the consumers' desire for comfort is "creating a pull through." Marotta adds that Crocs would be in the "very same spot" of strong performance even without a pandemic given the management's "soup-to-nuts" of 6 years ago, including closing of underperforming retail doors, lowering the SKU count, reducing headcount, and narrowing the vendor base. The analyst further states however that Crocs' current stock price already fairly discounts the company's prospects for the next 6-12 months. CROX-> $42.75
Motley fool on Crox- Crocs 2.0 Finally, add Crocs to your list of mid-cap stocks to buy right now, if you're looking to fill in certain holes in your portfolio. This is the same Crocs that made the funky foam clogs that were all the rage in the early 2000s, until the fad fizzled by 2009. This footwear fell back into favor in 2019. Last year's top line improved to the tune of 13%, driving more than a 100% increase in operating income. Sales are projected to be flat for this year, but not due to a lack of demand. Many consumers just aren't comfortable going back to stores, and supply chains have been disrupted by shutdowns anyway. Even so, Crocs' expectation of 10% year over year sales growth for the quarter ending this month suggests it's overcoming coronavirus woes that others aren't. Investors dismissing that quarterly growth outlook as a one-off rather than repeatable progress may be looking past a couple of important details. One of those details? Much of this recent demand is built on function and comfort. Technology market research outfit IDC suggested earlier this month that by 2024, 60% of the United States' workers would be working outside of an office, including at home. This means that while appropriate attire may be needed for business-related video calls to the extent visible on camera, consumers love the ultra-comfortable footwear not seen by co-workers. Perhaps it took a decade for people to accept the foam clogs' unusual appearance. The other reason Crocs isn't as prone to the sort of peak it saw in 2009? To the extent fashion and marketing does matter, the company is smarter. It's selectively collaborating with brands that help the company sell its wares -- there's a Vera Bradley Crocs shoe, for instance, yet it's also teamed up with Kentucky Fried Chicken -- rather than merely cranking out as many ordinary shoes as it can. While it's never provided specifics, the company has repeatedly credited these alliances for much of its sales growth since 2017 when they first began. This may have been the missing ingredient a little over a decade ago, and investors as well as analysts may still not be seeing the full potential of collaborations yet.
We pay out unusual bonuses do you like Rope? Nerds Rope? VerifyMe is severely undervalued: CEO So Talky but I like it! Oct. 1, 2020 9:22 AM ET|About: VerifyMe, Inc. (VRME)| "VerifyMe is severely undervalued as cash is 50% of our low market cap," says Patrick White, VerifyMe (NASDAQ:VRME) President and CEO speaking at virtual annual shareholder meeting yesterday. Cash balance stands at $9.6M as of June 30, 2020, while sales pipeline of opportunities is over $12M through 50+ projects ranging in size from $60K to $6M in anticipated annual sales. "Increased revenue traction with existing and new clients has begun." The company says it is talks with a large multi-billion distributor who is sourcing the development of an inkjet version of its ink taggant, that could potentially result in 95% expanded use of VerifyMe's technology to label and packaging industry. It plans to penetrate oiiiii This is sooooo talky.... Hummmm "Additionally, we are seeking complementary and accretive acquisitions that we believe can further boost our growth and profitability." "We are optimistic with potential opportunities with the U.S. federal government, including HSE borders and customs ports of entry and CDC/FDA mandates," he notes, adding "the apparel, cannabis and pharma industries represent ripe areas for us to penetrate with our security and authentication technologies."<----- Oh I'm getting interested.... Van after you Look at VUZI pleae look at VRME I am developing a portfolio for you of all "V" stocks!
Back on 8/14 VerifyMe reports Q2 EPS ($1.04) vs. (34c) last year 08/14 VRME Reports Q2 revenue $75,256 vs. $40,479 last year. "It has been an eventful past several months, highlighted by our successful $10 million public offering with Maxim Group LLC and Joseph Gunnar & Co., LLC, and our uplisting to Nasdaq," commented, Patrick White, VerifyMe's President and Chief Executive Officer. "All companies have been impacted by the global COVID-19 pandemic, but we were more fortunate than most due to the fact that we have operated virtually since I took over as Chief Executive Officer in 2017. One major impact the pandemic had to our business was that certain new projects were pushed out, however, none were cancelled. Our current customers have continued marking product and we have been advised by one major customer that they intend to expand their use of our technology to additional products and three countries in the Far East starting in December 2020. It is also important to note that the COVID-19 pandemic environment presents needs for our technology. VerifyMe technologies can be used to authenticate face masks, hygienic hand wipes and COVID-19 test kits.
FINALLY ADDING BERRY CORP TO THE IDEAS FOR NOW PORTFOLIO STICKING WITH MY RESEARCH--- BERY @ approx $49.00