Motley Fool has tracked backcountry stocks and finds gadgets (e.g., GPS provider Garmen) are hot.
Garmin (Nasdaq: GRMN) which has seen 22% growth per year since 2000.
Lowrance Electronics (Nasdaq: LEIX) sales rose 34.9% in the latest period with its Ifinder rival to eTrex.
The article notes K2′s stock has been on a steady decline over the past couple years as the company gets weighed down in other areas of its business, like paintball sales. However K2 may be rumbling back after acquiring Marmot and Ex Officio and this may make it a sleeper stock.
Deckers Outdoor’s (Nasdaq: DECK) Teva brand is being surpassed by its wildly popular UGG line
Wolverine World Wide’s (NYSE: WWW) Merrell is coming on strong.
Garmin is a Motley Fool Stock Advisor recommendation. Deckers Outdoor and Columbia Sportswear are Motley Fool Hidden Gems recommendations.
Posted in Business by roger with .