Winter Stocks to Buy, Bronze Medal: Columbia Sportswear (COLM)
If you been watched any of the freestyle skiing at the Olympics, you no doubt saw the Columbia Sportswear (COLM) logo on the American, Canadian and Russian teams.
COLM generates a majority of its revenue in the winter, which makes it an easy pick for best winter stocks to buy. The previous two winters have been very mild, seriously affecting sales growth. In 2014, COLM expects revenues to grow by as much as 17% year-over-year with 8% operating margins delivering its best operating profit in terms of dollars since 2007.
The company has a new product, TurboDown, which is a hybrid garment containing both synthetic material as well as down. TurboDown allows COLM to sell an excellent product at a very moderate price point. Forget the past two years; COLM stock is ready to get air born.