Zacks Highlights YETI, Malibu Boats, MasterCraft Boat and Escalade as Attractive Leisure Stocks

Zacks Investment Research··Read original
2▲4 ▼0Impact / 5
Summary · why it matters

Zacks Equity Research has identified YETI Holdings, Malibu Boats, MasterCraft Boat Holdings and Escalade as stocks likely to benefit from strong momentum in the leisure and recreation products industry. The industry is being driven by robust demand for fitness products, a booming golf business, steady interest in boating, and the rise of connected tech-enabled products. The Zacks Leisure and Recreation Products industry currently holds a Zacks Industry Rank of 93, placing it in the top 38% of more than 247 Zacks industries. Over the past year, stocks in the industry have collectively gained 2.2%, underperforming the S&P 500's 30.1% rise but outperforming the Zacks Consumer Discretionary sector's 10% decline. Malibu Boats and MasterCraft Boat each carry a Zacks Rank of 1, or Strong Buy, while YETI Holdings and Escalade hold a Zacks Rank of 2, or Buy.

Impact on assets 4

Consumer Discretionary▲ · 4 stocks
Escalade Incorporated
ESCA
▲ PositiveDemandrelevance

Industry demand for leisure products is strong, benefiting Escalade as a participant.

Malibu Boats Inc
MBUU
▲ PositiveDemandrelevance

Industry demand for boating is steady, benefiting Malibu Boats.

YETI Holdings Inc
YETI
▲ PositiveDemandrelevance

Industry demand for fitness products is robust, benefiting YETI.