Why Camping World, Brunswick, and Callaway Golf Stocks All Popped 8% or More Today
In Friday trading, a handful of recreation equipment companies traded sharply higher. At the close, the stock of RV dealer Camping World Holdings (NYSE: CWH) was up 8.4%, while boat maker Brunswick (NYSE: BC) gained 10.1%. And Callaway Golf (NYSE: ELY) did the best of all, up 12.5%.
Image source: Getty Images.
With spring starting to turn into summer, and restrictions on socially-distanced fun starting to relax, investors appear to be focusing their attention on stocks that could benefit from both trends: companies that trade in outdoor recreation equipment that turns popular in warm-weather months. Also, these three companies slot into socially-distant activities, rather than those that put people in closer proximity to one another.
Source Fool.com
