(04-27-2021, 04:56 PM)divmenow Wrote: You know this market is nuts when a company like CROX goes up $12. I wouldn't be caught dead wearing those things lolUA is a constant turn around story. It's like cyclical Nike lol. They have a a good sized section in some of the big box stores. I'm not sure anyone ever bought shares at a fair price and didn't do more than OK in a month or a year. I actually intended to update my research on them this weekend and got busy.
Funny thing is, when I go to the outlets they have lines out the door. I remember in the past this stock would sit at $9- $12 forever. Now its at $97 and still not expensive at a 21 PE.
I guess most people are wearing them during the pandemic and just wear around the house. And if any of you wear Crocs I apologize haha!!
I wonder if UA is a turnaround story? I use to own well into the $40's. Sold a long time ago, but I do wear the brand all the time. I will have to do some research and will maybe take a position.
As far as fashion trends, I am STILL waiting for high top Nikes to come back in style. White of course lol. That was the first time I could justify spending some coin on sneakers. Life was good.
Seriously though if you are over 40 your fashion opinions are irrelevant. When it comes to clothes and makeup ask your kids or somebody else's kids. They will get you in MUCH earlier. Peter Lynch warned me 30 years ago.
I took some young guests to the MN cabins last year. They were Crockin' and loving it. My opinion doesn't matter. My wife and daughter were buying Elf and Ulta in time for me to score 5x and i wasn't paying attention.