3 Leisurely Ways to Capture Profits

Get rich on recreation and R&R via these leisure stocks

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3 Leisurely Ways to Capture Profits

Leisure185 3 Leisurely Ways to Capture ProfitsFortune magazine recently highlighted America’s beloved motorcycle manufacturer, Harley-Davidson (NYSE:HOG) — saying that after numerous ups and downs in its 110-year history, not only is Harley growing again, but it’s considered by many investment analysts to be a dividend growth stock.

Whether that’s true or not remains to be seen, but it did get my brain churning about leisure stocks as a whole.

Somebody once said (and I’ll be damned if I can remember the exact reference) that the sporting goods industry is a great business because it methodically grows at 2% per year. Nothing spectacular — just consistent growth. However, while certain leisure stocks (like those sporting goods companies, or movie theaters) do well in all kinds of economic conditions, the recession of 2008 wasn’t as kind to others like hotels and resorts.

Nonetheless, one thing most leisure stocks have in common is that they’ve outperformed the S&P 500 over the long-term.

Can they continue to do so? I think so — and I have three specific targets in mind:


Article printed from InvestorPlace Media, http://investorplace.com/2013/04/3-leisurely-ways-to-capture-profits-pej-deo-stnr/.

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