6 boat stocks to watch in 2021 | finder.com

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Boat stocks

Ready to invest in the boating industry? Consider these 6 stocks.

The best boat stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

How to buy boat stocks

Sign up with an online broker or platform to invest in one of more of these boat stocks.
  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like HZO or WMAR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Invest in the boating industry today with a market order or use a limit order to delay your purchase until the stock reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of a boat company. Optimize your portfolio by tracking how your stock — and even the boating sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare boat stocks

We round up a selection of stocks in or related to the boating industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. MarineMax (HZO)

MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States. The company sells new and used recreational boats, including pleasure boats, boats, and sport cruisers; mega-yachts, sport yachts, and other yachts; fishing boats; motor and convertible yachts; pontoon boats; fishing boats; ski boats; and jet boats.

MarineMax stock opened the day at $55.84 after a previous close of $54.72. The latest price was $57.25 (25 minute delay). MarineMax is listed on the NYSE, has a trailing 12-month revenue of around USD1.6 billion and employs 1,736 staff.

  • Market capitalization: $1,103,026,944
  • P/E ratio: 12.4731
  • PEG ratio: 0.62

2. West Marine (WMAR)

West Marine, Inc. operates as a specialty retailer of boating supplies, gear, apparel, footwear, and other water life-related products primarily in the United States. The company offers core boating products that comprise of maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, safety, electrical, plumbing, boats/outboards, ventilation, deck hardware/fasteners, navigation, trailering, seating/boat covers, and barbecues/appliances.

West Marine is listed on the NASDAQ and employs 1,850 staff.

  • PEG ratio: 0

3. Malibu Boats (MBUU)

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Cobalt, and Pursuit.

Malibu Boats stock opened the day at $87.30 after a previous close of $86.13. The latest price was $88.81 (25 minute delay). Malibu Boats is listed on the NASDAQ, has a trailing 12-month revenue of around USD$677.6 million and employs 1,795 staff.

  • Market capitalization: $1,743,106,432
  • P/E ratio: 24.481
  • PEG ratio: 0.5471

4. MasterCraft Boat (MCFT)

MasterCraft Boat Holdings, Inc. , through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, NauticStar, and Crest.

MasterCraft Boat stock opened the day at $30.88 after a previous close of $30.31. The latest price was $30.98 (25 minute delay). MasterCraft Boat is listed on the NASDAQ, has a trailing 12-month revenue of around USD$376.1 million and employs 884 staff.

  • Market capitalization: $517,126,400
  • P/E ratio: 10.0619
  • PEG ratio: 1.35

5. Brunswick Corporation (BC)

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. It operates through Propulsion; Parts & Accessories; and Boat segments. The Propulsion segment provides outboard, sterndrive, and inboard engines for independent boat builders and governments through marine dealers and distributors, specialty marine retailers, and marine service centers; and propulsion-related controls, rigging, and propellers to original equipment manufacturers and aftermarket retailers, distributors, and distribution businesses.

Brunswick Corporation stock opened the day at $100.00 after a previous close of $98.94. The latest price was $104.10 (25 minute delay). Brunswick Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$4.3 billion and employs 14,382 staff.

  • Market capitalization: $7,992,909,824
  • P/E ratio: 21.9273
  • PEG ratio: 0.97

6. Marine Products Corporation (MPX)

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. It offers Chaparral sterndrive pleasure boats, including SSi Sport, Ski and Fish Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats within the SSi and SSX, SunCoast, and OSX Sport Luxury models; Robalo outboard sport fishing boats; and Vortex jet boats under the Chaparral brand. The company also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name.

Marine Products Corporation stock opened the day at $18.73 after a previous close of $18.66. The latest price was $18.57 (25 minute delay). Marine Products Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$239.8 million and employs 823 staff.

  • Market capitalization: $555,120,384
  • P/E ratio: 28.6491
  • PEG ratio: 2.44

Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in boat stocks.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
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0%
N/A
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
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0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
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Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
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Stocks, ETFs
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$0 per month
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Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

While it’s possible to turn a profit investing in boat stocks, keep in mind that — like any investment — boat stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the boating industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

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