Golf is a popular global sport that has high growth potential. As interest and participation in golf increases, golf-related companies can be attractive investment opportunities. This article provides an overview of 4 publicly traded golf companies that investors can consider adding to their portfolios.
Callaway Golf Company (ELY) – Leading Golf Equipment Brand
Callaway Golf (NYSE:ELY) is one of the world’s leading golf equipment manufacturers. Callaway produces golf clubs, golf balls, golf bags and other golf accessories. Its popular brands include Callaway, Odyssey, OGIO and TravisMathew. Callaway has a strong market position and global distribution network. The company has potential for growth as golfer demographics trends younger. Callaway stock could be a long-term buy and hold investment to capitalize on increasing participation in golf.
Acushnet Holdings Corp. (GOLF) – Titleist Golf Gear Producer
Acushnet Holdings (NYSE:GOLF) owns the iconic Titleist and FootJoy brands. Titleist golf balls and golf clubs lead their market categories. FootJoy is the #1 shoe brand in golf. Acushnet produces premium performance golf equipment and hasstickybrand appeal. The company generates consistent profits and pays a dividend. Acushnet stock offers investors exposureto leading golf equipment labels with an attractive dividend component.
Puma SE (PUM.DE) – Global Sports Brand Investing in Golf Division
Puma SE (PUM.DE) is a global sports gear company based in Germany. Though not exclusively a golf brand, Puma has invested significantly to expand its golf offerings in recent years. The company now provides golf shoes, apparel, accessories and equipment aimed at capturing market share through style and innovation. As interest in golf gains momentum, Puma’s golf division has potential for good growth.
Nike, Inc. (NKE) – Sportswear Giant Entering Golf Market
Nike (NYSE:NKE) is an internationally recognized sports brand. The company is now making a dedicated push into the golf industry with Nike Golf. Early offerings show promise in applying Nike’s technology and performance design capabilities to golf gear. If Nike can leverage its brand equity and resources to carve out share in the lucrative golf market, it could provide nice upside for Nike stock investors.
Callaway, Acushnet, Puma and Nike represent publicly traded golf industry players to consider adding to an investment portfolio. As participation rates and interest in golf increase globally, these companies are poised to capitalize through equipment sales and brand traction with growth potential for shareholders.