Rabu, 30 Desember 2020

Outdoor Recreation Is On Fire

The Early Bird - The Morning Financial Newsletter

Good Morning,

The outdoor recreation market is hot. Smoking hot. The industry’s largest manufacturers are reporting robust double-digit increases in revenue that are not expected to stop. The increase in demand has led to a combination of factors that promise increased production and rising revenue for many quarters to come.

The demand for outdoor gear is so high that inventories are falling across the industry. At the same time, backlogs for orders are growing at a triple-rate, ensuring inventory will stay low. What this means for the manufacturers is a sustained increase in business they can use to leverage profits.

And profits are already rolling in. Not only do these businesses realize the benefits of cost-leverage, but they are also working hard at controlling costs. This is leading to above-consensus results and above-trend earnings growth. Two factors that tend to drive share prices higher.

Along with the growth, investors can find dividends and value as well. The sector is not known as a high-yielding sector, but the payments are sleep-well-at-night safe, without worrying about cuts or suspension. And the balance sheets are rock-solid.

The stocks we want to show you today are positioned at the forefront of their industries. They command the most recognizable brands, the most market share, and the most demand for products and so are the best choices for investment.

If you want to capitalize on one of the market's hottest trends, get great value, and safe yield, look no further than the outdoor recreation stocks.

View the “Top Seven (7) Outdoor Recreation Stocks For Growth And Dividends” slideshow

Matthew Paulson
MarketBeat.com

 

 
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