Tee Up Your Portfolio with These ‘Fore!’ Golf Stocks

Everyone can play this game in their portfolio

   

Tee Up Your Portfolio with These ‘Fore!’ Golf Stocks

Last weekend was a big one for fans of the great game of golf. That’s because one of the most prestigious tournaments in the world, the Masters, was played. The tournament is one of the four major championships on the PGA Tour, and it’s held at the exclusive Augusta National Golf Club, one of the best courses on the pro circuit.

Now, it’s no secret that golf is a game associated with financial prosperity. It takes a lot of money to play golf, and even recreational players need to pony up big cash in order to play right. As investors, we can take advantage of golf’s luxury consumption by owning stocks of the companies catering to this great sport.

Here are 4 golf stocks every duffer should consider owning.

Callaway Tee Up Your Portfolio with These ‘Fore!’ Golf StocksCallaway Golf

There’s perhaps no brand of golf gear more recognizable, or more ubiquitous, than Callaway (NYSE:ELY). The company makes and sells numerous lines of golf clubs, including the über-popular Big Bertha line, the RAZR, and the Diablo Octane golf club lines. The company also sells golf clothing, and can claim as its top endorser the popular PGA pro Phil Mickelson. If you’re bullish on golf, then this stock is a must have in your portfolio.

Dick’s Sporting Goods

dicks Tee Up Your Portfolio with These ‘Fore!’ Golf Stocks

If you want to know where to buy that Callaway gear, or if you want to buy other brands of golf gear, then a great place to do so is Dick’s (NYSE:DKS). The retailer sells a huge variety of golf equipment, but it also sells basketball, football, baseball and other sporting gear. Dick’s recently announced that it was buying the Top-Flite brand of golf balls from, of all companies, Callaway Golf. The deal will likely help both companies grow, as Callaway can concentrate on clubs and clothing, while Dick’s gets ownership of a stellar industry brand.

Nike

Nike Tee Up Your Portfolio with These ‘Fore!’ Golf StocksWhen it comes to sports apparel, there’s no company swifter than Nike (NYSE:NKE). The golfer most closely associated with the company’s golf apparel is Tiger Woods, and though he’s certainly had his share of negative publicity in recent years, Tiger remains the biggest name, and the biggest star, on the professional golf stage. Of course, Nike is more than just golf gear. The company is by far the leading sports apparel and footwear maker in the world, and its earnings growth and share price performance reflect precisely that. This is one company that’s hard to beat if you want sports apparel exposure in your portfolio.

IBM

ibm Tee Up Your Portfolio with These ‘Fore!’ Golf StocksInformation technology behemoth IBM (NYSE:IBM) is a fantastic company with big earnings, outstanding industry leadership in numerous industries, and big share price appreciation. The stock also is a must own for just about every investor. But what does IBM have to do with golf? Well, the company is the chief sponsor if The Masters Tournament, and that means TV viewers will be saturated with commercial spots for Big Blue. Not that IBM needs such exposure, as it’s been a leader in technology since the days of the typewriter, but if you watch the tournament this weekend remember what you read here. It just might prompt you to tee up the company in your portfolio.


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/tee-up-your-portfolio-with-these-fore-golf-stocks-ely-nke-dks-ibm/.

©2014 InvestorPlace Media, LLC

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