Can Yeti Stock Help You Become a Millionaire?
A sign of a strong consumer products brand is pricing power. Top stocks like and Nike share these qualities, selling their respective products at premium prices to their rabid fanbases. Cooler and drinkware brand Yeti (NYSE: YETI) is one of these businesses, selling its various outdoor-focused products at much higher prices than the competition. For example, it just launched a cast-iron skillet it plans to sell at $400. That is $400 for a single cooking pan.
Yet, Yeti stock has not performed well recently, possibly presenting a buying opportunity for long-term investors. Down 67% from all-time highs, is Yeti the next consumer products brand poised to help you retire a millionaire?
Source Fool.com
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