Analyst sees Brunswick stock as a good bet
Although immediately for new boats is expected to be flat through 2012, a “re-framing” of Brunswick’s business demonstrates why it can be a upright stock, even without a near-term industry recovery, according to analyst Edward Aaron.
By focusing less on Brunswick's boat partition and more on its profit pools, investors can better appreciate why: 1) An industry mix shift toward smaller boats isn't bad for Brunswick; and 2) Brunswick's area is far less cyclical than in the past, the report said. Also, the boating market is unlikely to contract much more.
The company’s bowling, commercial qualifications and marine parts and accessories businesses “should be valued more highly,” Aaron wrote.
“It’s uncomplicated to shun the stock on the basis that no one is going to buy a boat in this economy. But we view this statement as an oversimplification and misses some key aspects and impressive nuances of the business,” he noted. “We find that putting some context around Brunswick’s business leads to a more refer to view of [Brunswick] shares than what the market is currently discounting. To be clear, we are not suggesting that [Brunswick] is somehow vaccinated to economic risk. [Brunswick] is and will likely always be a high beta stock. Rather, we are simply suggesting that investors are overstating Brunswick’s cyclical earnings hazard.”







Either respite is in my future, or im full of wishful thinking, but I wish someone could share the load, because my boat is sinking.
WHEN ON A BUS, TRAIN, TAXI, TH HIGHWAY, BOAT OR PLANE. HOW MANY OF THE PEEPS THAT U C DO U THINK; U SHARE FRIENDS WIT, FOLLOW U.
@ same here. let's share this college allnighter boat together. i wish you luck
RT @: I found the boat I want to buy, but it doesn't have outside speakers so I can't share @ with the other boats in the marina. :p
I found the boat I want to buy, but it doesn't have outside speakers so I can't share @ with the other boats in the marina. :p