With the onset of Corona, I got back into golf, and since I didn’t seem to be the only one, in November (too late) I bought shares in Acushnet and Callaway for my portfolio. I thought I’d start a thread on the topic, in case there were others interested in the theme here.
So the group’s focus is especially on Callaway Golf and Acushnet Holdings (Titleist), but also other related stocks like Sumitomo Rubber, Mizuno, Graphite Designs, Mitsubishi Chemical, etc.
I also have a couple of “real” golf stocks in my safe deposit box, so we can speculate on those too.
Do you mean getting rid of golf shares no longer requires the help of biker gang members, petty criminals, and those with bad credit? That would be a joke
Maybe there’s a market for those in bigger cities, but otherwise, I’d stay away
Yes, it’s probably best to stay away from golf course stocks, or at least be aware of what you’re doing. These club, ball, and equipment manufacturers’ stocks trade on the stock exchange even without club members
I haven’t really looked into golf stocks “that way” from the stock market perspective. I’ll have to check them out.
Callaway probably benefits quite well from the current boom, as they produce reasonably priced and decent sets for amateurs.
Here’s an example from the link: https://youtu.be/dxHLtcHWnzI
When it comes to golf course stocks, that’s a different matter. There’s variability from burdens to desirable stocks. However, it’s certain that well-managed golf clubs will benefit from this boom brought on by the corona pandemic.
Let’s wake this thread up and scratch the surface a bit. Are there people on the forum who are well-versed in this industry? Following social media (YouTube, TikTok) and my own social circle, I can very subjectively state that the sport is on the rise.
With this post, I would like to bring the industry into the spotlight and get different opinions before diving deeper into the sector. Below are a few charts from a quick investigation done on the train’s Wi-Fi.
