Take the Upside on Crocs Stock

Below is an important message from our trusted sponsors Here's a contrarian take on the current market sentiment: Inflation has peaked. Or at least it's near to it. High inflation came from several factors. The Coronavirus Pandemic didn't help. The war in Ukraine sent already high energy prices soaring. Even government stimulus spending had an impact. But the Fed is now reeling in the inflation with rate hikes. The worst of the energy crisis appears to be slowing. Stimulus checks aren't coming back. The job market is cooling at a stable and impressive level. Some top analysts believe that after 2022, inflation will cool and the economy will stabilize. Of course, this is only one take. Economics can be predicted but the factors are complex and the market has a tendency to surprise. As an investor, you can take advantage of the current conditions to secure growth. Some conservative picks can put your portfolio in a good place. Consumer discretionary stocks make the most sense for the inflation peak. They typically grow as inflation declines. Crocs Inc. (NASDAQ: CROX) might be known for its divisive affordable footwear. But the numbers show it's a stock ready to outperform. An average target of $110.22 is nearly double that of today's price. The stock has jumped more than 15% in the last five days. Footwear spending will recover with the summer and as consumer confidence returns. This might not be the most glamourous stock, but it's one that can grow as inflation settles. Where will you invest for growth and your financial security? Use these strategies to make the right decisions. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above.  sponsored ads below If You're Worried About Your Retirement... 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