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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.

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Our picks for the best 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 and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing.

  • Previous close price: $48.00
  • Market capitalization: $608,182,912
  • 1 year performance: N/A
  • P/E ratio: 3.4189
Buy HZO stock on Interactive Brokers

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.

  • Previous close price: $0.00
  • 1 year performance: N/A
Buy WMAR stock on Interactive Brokers

3. Malibu Boats (MBUU)

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

  • Previous close price: $70.41
  • Market capitalization: $1,129,489,280
  • 1 year performance: -11.72%
  • P/E ratio: 6.6861
Buy MBUU stock on Interactive Brokers

4. MCBC (MCFT)

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

  • Previous close price: $24.60
  • Market capitalization: $528,133,856
  • 1 year performance: 15.13%
  • P/E ratio: 7.354
Buy MCFT stock on Interactive Brokers

5. Brunswick Corporation (BC)

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. It operates through three segments: Propulsion, Parts & Accessories, and Boat. 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.

  • Previous close price: $95.15
  • Market capitalization: $5,624,224,256
  • 1 year performance: -9.28%
  • P/E ratio: 8.7097
Buy BC stock on Interactive Brokers

6. Marine Products Corporation (MPX)

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

  • Previous close price: $12.25
  • Market capitalization: $459,220,448
  • 1 year performance: 15.70%
  • P/E ratio: 11.319
Buy MPX stock on Interactive Brokers

How to buy boat stocks

  1. Compare online 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 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. 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.
  5. Buy the stock. 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.

Buy N/A stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 5 of 5
Name Product Available Asset Types Stock Trading Fee Account Fee Table description Signup Offer Offer
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N/A
National Bank Direct Brokerage
Stocks, Bonds, Options, Mutual Funds, GICs
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$0 if conditions met, or $100
Get $0 commission on all transactions with promo code: finder
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Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95 - $9.95
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Get $50 in free trades when you fund your account with a minimum of $1,000.
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Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
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Get up to $150 sign-up bonus. Use promo code BONUS150. Conditions apply. Ends June 30, 2023.
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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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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