Winter Stocks to Buy, Gold Medal: Jarden (JAH)
There was a lot of skiing on TV during the Olympics, with the American team taking its fair share of the medals. Jarden (JAH), the world’s largest sports equipment business, is first in terms of market share when it comes to skis and bindings with brands such as K2 and Marker.
In 2013, Jarden’s Outdoor Solutions business generated net sales of $2.7 billion. While that seems like a lot, it’s only 37% of the company’s overall revenue. It’s an extremely diversified company that has grown through a combination of acquisitions and organic growth.
Since Martin Franklin took control of the company in September 2001, JAH stock has returned roughly 3800% — significantly higher than the 134% return for the SPDR S&P 500 (SPY). I wouldn’t bet against him.
When it comes to the best winter stocks to buy, JAH stock stands at the top of the podium.
As of this writing, Will Ashworth did not own a position in any of the aforementioned securities.