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The S&P 500 Just Hit Correction Territory: Here Are 5 Stocks That Are Simply Too Cheap to Ignore Right Now
The Motley Fool· 2025-03-17 09:37
Core Viewpoint - The current stock market correction presents a unique opportunity to invest in undervalued companies, with several stocks identified as particularly attractive buys during this period [1][19]. Group 1: Lyft - Lyft's stock has decreased over 40% from its 52-week highs, primarily due to competitive concerns in the ride-sharing market [3]. - The company reported record metrics with 24.7 million active riders and nearly 219 million rides in 2024, reflecting a 15% year-over-year increase [3]. - Lyft achieved positive free cash flow of $766 million for 2024, resulting in a low valuation of 6 times its free cash flow [4]. - Expectations for 2025 include further revenue growth and improved margins, particularly from its advertising business [5]. Group 2: Shift4 Payments - Shift4's stock has declined 15% following leadership changes and a $1.5 billion acquisition, raising investor concerns [6]. - The company reported nearly $48 billion in payment volume for Q4 2024, a sevenfold increase from Q4 2020 [7]. - Shift4 anticipates over 20% top-line growth for 2025 and has a net income of nearly $300 million for 2024, trading at a P/E ratio of 28, its lowest ever [8]. Group 3: Comfort Systems USA - Comfort Systems' stock has increased nearly 1,700% over the past decade but is currently down nearly 40% from its all-time high [9]. - The company is well-positioned for growth due to its services in data centers and semiconductor manufacturing, with a backlog of $6 billion, up 16% year-over-year [11]. - The global AI data center market is projected to grow at nearly 26% annually through 2032, benefiting Comfort Systems [11]. Group 4: Crocs - Crocs stock is trading at just 6 times its earnings, significantly lower than the S&P 500's 29 times [12]. - The company reported a modest revenue growth of 3.5% in 2024, with management expecting about 2% growth in 2025 [13]. - Crocs has authorized a $1.3 billion stock buyback, representing over 20% of outstanding shares, and has repaid over $300 million in debt [14]. Group 5: Airbnb - Airbnb's stock is over 40% below its all-time high from 2021, despite strong business fundamentals [15]. - The company achieved record revenue of $11.1 billion in 2024, a 12% increase year-over-year, and generated free cash flow of $4.5 billion with a 40% margin [16][17]. - Management plans to invest $200 million to $250 million in new business ideas, indicating potential for future growth [17][18].
CROX SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Crocs, Inc.
GlobeNewswire News Room· 2025-03-16 20:30
Core Viewpoint - A securities fraud class action lawsuit has been filed against Crocs, Inc. for misleading investors regarding the sustainability of revenue growth from its acquisition of HEYDUDE, leading to significant stock price declines when the truth was revealed [1][4][6]. Group 1: Lawsuit Details - The lawsuit was filed on behalf of investors who purchased Crocs common stock between November 3, 2022, and October 28, 2024 [1]. - The law firm Kessler Topaz Meltzer & Check, LLP is representing the investors and has set a deadline of March 24, 2025, for investors to move to serve as lead plaintiff [2][8]. Group 2: HEYDUDE Acquisition and Revenue Misrepresentation - Crocs acquired HEYDUDE in February 2022, which accounted for approximately 25% of the Company's total revenues in 2022 [2]. - The revenue growth from HEYDUDE was largely due to Crocs' strategy of overstocking third-party wholesalers, which was misrepresented to investors as sustainable growth [3][5]. Group 3: Impact on Stock Price - On April 27, 2023, after the truth about HEYDUDE's revenue growth was revealed, Crocs' stock price fell by $23.46, or nearly 16% [4]. - Following further disclosures about HEYDUDE's struggles and excess inventory on October 29, 2024, the stock price declined by $26.47, or approximately 19.2% [6][7].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Crocs
Newsfilter· 2025-03-15 12:49
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Crocs, Inc. related to misleading statements about the sustainability of HEYDUDE's revenue growth, with a deadline for investors to seek lead plaintiff status in a federal securities class action by March 24, 2025 [1][3][12]. Group 1: Company Overview - Crocs, Inc. completed the acquisition of HEYDUDE in February 2022, which accounted for approximately 25% of the Company's total revenues in 2022 [4]. - HEYDUDE's revenue growth in 2022 was largely driven by stocking third-party wholesalers and retailers, rather than actual retail sales [3][6]. Group 2: Financial Performance and Stock Impact - On April 27, 2023, Crocs' stock price fell nearly 16% after revealing that HEYDUDE's revenue growth was not indicative of actual sales [6]. - On July 27, 2023, Crocs admitted that overstocking contributed to approximately $220 million of HEYDUDE's $896 million revenue post-acquisition, leading to a stock price decline of nearly 15% [7][8]. - Following the third quarter 2023 results, HEYDUDE's wholesale revenues declined by 19.4%, prompting a further reduction in revenue growth guidance from 14%-18% to 4%-6%, resulting in a stock price drop of over 5% [9]. - On October 29, 2024, Crocs reported that HEYDUDE's revenues fell below expectations, causing a stock price decline of approximately 19.2% [10][11].
CROX Deadline: CROX Investors Have Opportunity to Lead Crocs, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-03-13 23:25
NEW YORK, March 13, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Crocs, Inc. (NASDAQ: CROX) between November 3, 2022 and October 28, 2024, inclusive (the "Class Period"), of the important March 24, 2025 lead plaintiff deadline.So what: If you purchased Crocs common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to do next: To j ...
Investors in Crocs, Inc. Should Contact Levi & Korsinsky Before March 24, 2025 to Discuss Your Rights – CROX
GlobeNewswire News Room· 2025-03-13 17:01
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Crocs investors who were adversely affected by alleged securities fraud between November 3, 2022 and October 28, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/crocs-inc-lawsuit-submission-form ...
Travis Hunter and HEYDUDE Reel-In The New Water-Ready Shoe: The Wally HEY2O
Prnewswire· 2025-03-13 13:00
Designed For Sun, Surf and Everything in Between - Comfort Goes Where the Water Flows!WESTWOOD, Mass., March 13, 2025 /PRNewswire/ -- Whether you're at the beach, on the dock, or out fishing, we know HEYDUDE fans are looking for a shoe that ensures all-day comfort and performance wherever adventures take you.In this partnership with Heisman Trophy Winner Travis Hunter, we're launching the HEY2O collection for men, women and children, making it the perfect choice for the whole family in and around the water ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of March 24, 2025 in Crocs Lawsuit - CROX
Prnewswire· 2025-03-13 09:45
NEW YORK, March 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Crocs, Inc. (NASDAQ: CROX).Shareholders who purchased shares of CROX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/crocs-inc-loss-submission-form/?id=135469&from=4CLASS PERIOD: November 3, 2022 to October 28 ...
Have $500 to Invest? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now
The Motley Fool· 2025-03-12 22:32
With the market pulling back, it's time to go bargain-hunting and find some cheap stocks. It's a good reminder that markets will go up and down, but stocks tend to outperform over the long run.Let's look at three cheap stocks investors can start to dip their toes in and buy now with a small investment. I own all three.AlibabaWhile Alibaba (BABA -1.35%) hasn't been suffering in this market sell-off, the Chinese e-commerce and cloud computing giant is still one of the cheapest stocks around. The stock trades ...
CROCS (NASDAQ: CROX) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by March 24, 2025
Prnewswire· 2025-03-12 12:44
PHILADELPHIA, March 12, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX) on behalf of purchasers of Crocs securities between November 3, 2022 through October 28, 2024, inclusive (the "Class Period").Investor Deadline: Investors who purchased or acquired CROCS securities during the Class Period may, no later than MARCH 24, 2025, seek to be appointed as a lead plaintiff representative o ...
Important March 24, 2025 CROX Deadline Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Crocs, Inc. (CROX) Investors of Securities Fraud Class Action Lawsuit
Prnewswire· 2025-03-11 13:23
RADNOR, Pa.  , March 11, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Crocs, Inc. (NASDAQ: CROX) ("Crocs" or) on behalf of investors who purchased or otherwise acquired Crocs common stock between November 3, 2022, and October 28, 2024, inclusive (the "Class Period").  This action, captioned Carretta v. Crocs, Inc., et al., Case No. 1:25-cv-00096-JLH, was filed in the United States District Co ...