Robert W. Baird & Co. Incorporated on Crocs
Thesis
Baird initiated a position in Crocs because it sees an attractive opportunity as the company's revenue growth outlook improves. The investment team expects improving revenue growth to combine with meaningful share repurchases. This combination should support double-digit earnings growth over the next several years.
“improving revenue growth prospects and meaningful share repurchases supporting double-digit earnings growth over the next several years”