Credit: Shutterstock photoA study of analyst recommendations at the major brokerages shows that Crocs Inc (Symbol: CROX) is the #108 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
CROX operates in the Textiles & Apparel sector, among companies like Nike ( NKE ) which is trading flat today, and VF Corp. ( VFC ) trading higher by about 0.3%. Below is a three month price history chart comparing the stock performance of CROX, versus NKE and VFC.
CROX is currently trading off about 0.7% midday Friday.
Top Analyst Picks With Strong Stock Buyback Activity »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
