Introduction – Investing in Discretionary Stocks
Investing is not always a dreary endeavor; it can also be fun. This is especially true if you can find fun companies to invest in at attractive valuations. At least, for me as Mr. Valuation, the most fun I have is when I find great companies at attractive values. Unfortunately, finding value in such an overheated market like we have today has not been much fun. Nevertheless, thanks to subscriber Kyle Hulse who directed me to 3 discretionary stocks in the leisure industry I had some fun analyzing them. Interestingly, they are all that good value and I believe are all poised to grow for the foreseeable future.
In this video I will look at Polaris Industries (PII) maker of off-road all-terrain vehicles and motorcycles, Winnebago Industries (WGO) maker of motor homes and other recreational vehicles to include boats, and finally Malibu Boats Inc. (MBUU) the industry leader in performance sports boats, 24 to 29-foot stern drive boats, and offshore boats. Consequently, investing can be both fun and profitable.
FAST Graphs Analyze Out Loud Video:
Disclosure: No positions.
Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.