Is Callaway Golf Stock a Buy Ahead of the Masters?
This week, the golf world turns its eyes to its biggest tournament of the year: The Masters. While the professionals compete on the course, Callaway Golf (NYSE: ELY) hopes amateurs will try to model their game after the pros by buying new equipment and taking a trip to Topgolf. Here are three reasons why the golf equipment and entertainment company has the potential to be wearing the green jacket for your portfolio.
It's been just over a year since Callaway completed its merger with Topgolf, a driving range where casual golfers can compete against friends. The entertainment venue has been popular with consumers, and the company projects over 30 million visitors in 2022, up 30% from 23 million visitors before the pandemic in 2019.
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Source Fool.com
