Choice Equities' Mitchell Scott making the case that $CROX is not a fad

Mitchell Scott, Founder and Portfolio Manager at Choice Equities Capital Management, joined the podcast to make the case that Crocs, Inc. (NASDAQ: CROX) is not a fad. For more information about Choice Equities Capital Management, please visit: https://choice-equities.com/ Chapters: [0:00] Introduction + Episode sponsor: Stream by Alphasense [1:36] What is $CROX, why is it interesting to Mitchell and $CROX growth story [4:50] What is Jibbitz, patent protection on the product and consumer trends using the product [8:22] $CROX valuation [12:16] $CROX bear case and response [16:44] Why aren't there more Crocs knock-offs [17:40] Is $CROX just a COVID beneficiary and Crocs brand power [22:01] Crocs core customer and fashion/age out risk [25:04] HEYDUDE acquisition, go-forward with management's strategy around the brand, average customer of HEYDUDE shoes, knock off problem and why would one need multiple pairs of them [34:19] How do overcome the bears $CROX worry that Crocs (and other brands $CROX owns) turns out to be a fad [38:45] Why is $CROX the best buyer and owner of HEYDUDE? [41:00] Endgame for $CROX / apparel line in the future? [44:17] Final thoughts on $CROX: shifting HEYDUDE wholesale channel, worry about inventory buildup and this year's earnings Today's episode is sponsored by: Stream by Alphasense Are traditional expert calls in the investment world becoming obsolete? According to Stream, they are, and you can access primary research easily and efficiently through their platform. With Stream, you'll have the right insights at your fingertips to make the best investment decisions. They offer a vast library of over 26,000 expert transcripts, powered by AI search technology. Plus, they provide competitive rates on expert call services, and you can even have an experienced buy-side analyst conduct the calls for you. But that's not all. Stream also provides the ability to engage with experts 1-on-1 and get your calls transcribed free-of-charge—all for 40% less than you would pay for 20 calls in a traditional expert network model. So, if you're looking to optimize your research process and increase ROI on investment research spend, Stream has the solution for you. Head over to their website at streamrg.com to learn more. Thanks for listening, and we'll catch you next time. For more information: https://www.streamrg.com/