Considering investing in boat stocks? While the best boat stocks depend on your portfolio and investment goals, we've identified some boat stocks that are worth keeping an eye on in the boating sector. Keep reading to learn more about boat stocks and how to start investing.
6 popular boat stocks to watch
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 stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| N/A (HZO.US) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| N/A (WMAR.US) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| Malibu Boats (MBUU.US) | (data unavailable) | $546.4 million (USD) | NASDAQ | (data unavailable) | Buy now |
| MCBC (MCFT.US) | (data unavailable) | $301.1 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Brunswick Corporation (BC.US) | (data unavailable) | $4.4 billion (USD) | NYSE | (data unavailable) | Buy now |
| Marine Products Corporation (MPX.US) | (data unavailable) | $300.3 million (USD) | NYSE | (data unavailable) | Buy now |
What to look for when investing in boat stock
The boating industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering boat stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in boat stock
- Research the boating industry. Before investing, learn about the boat stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the boat stock(s) to buy. Search by company name or ticker symbol, like HZO or WMAR. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy boat stocks
Are boat stocks a good investment?
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.What are the best boat stocks?
A lot of factors go into picking the best boat stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong boat stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular boat stocks in or related to the boating industry to help narrow down your options:
- N/A (N/A)
- N/A (N/A)
- Malibu Boats (MBUU)
- MCBC (MCFT)
- Brunswick Corporation (BC)
- Marine Products Corporation (MPX)
Keep in mind that this is not a "best" list or a recommendation. It highlights some boat stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each boat stock below. Keep reading to decide if any of these companies are the right investment for you.
N/A (N/A)
N/A. . .
N/A (N/A)
N/A. . .
Malibu Boats (MBUU)
Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells various recreational powerboats. The company operates through three segments: Malibu, Saltwater Fishing, and Cobalt.
| Market Capitalization | $546.4 million |
|---|---|
| Gross profit (TTM) | $143.8 million |
| Profit margin | 2.31% |
| Revenue (TTM) | $830.7 million |
| Earnings per share (TTM) | $0.97 |
| 52-week stock price range | $24.07 – $45.02 |
MCBC (MCFT)
MasterCraft Boat Holdings, Inc. , through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates in two segments, MasterCraft and Pontoon.
| Market Capitalization | $301.1 million |
|---|---|
| Gross profit (TTM) | $60.5 million |
| Profit margin | 5.50% |
| Revenue (TTM) | $287.8 million |
| Earnings per share (TTM) | $0.81 |
| 52-week stock price range | $14.39 – $23.94 |
Brunswick Corporation (BC)
Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.
| Market Capitalization | $4.4 billion |
|---|---|
| Gross profit (TTM) | $1.3 billion |
| Profit margin | -4.60% |
| Revenue (TTM) | $5.2 billion |
| Earnings per share (TTM) | -$3.39 |
| 52-week stock price range | $40.14 – $78.28 |
Marine Products Corporation (MPX)
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. 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 Sportboats; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name.
| Market Capitalization | $300.3 million |
|---|---|
| Gross profit (TTM) | $43.2 million |
| Profit margin | 5.84% |
| Revenue (TTM) | $227.7 million |
| Earnings per share (TTM) | $0.38 |
| 52-week stock price range | $7.13 – $9.47 |
Compare trading platforms to buy boat stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding boat stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of boat stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the boating industry to know when to buy, sell or hold.Frequently asked questions about boat stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond boat stocks, here are some others you can consider:More guides on Finder
-
Firstrade Canada alternatives
Find brokers like Firstrade in Canada to help you begin your online investing journey.
-
E-Trade Canada alternatives
You can’t use E-Trade in Canada, so check out these popular trading platforms instead.
-
Guide to buying Drone Delivery Canada stock in Canada
Find out how to buy a Drone Delivery Canada Corp. stock, it’s stock price and stock performance over time.
-
7 alternatives to Wealthsimple in Canada
We compare seven Wealthsimple alternatives to help you find the best investing platform or day-to-day bank account.
-
7 satellite stocks to watch
Want to invest in satellite companies? We’ve put together a list of satellite stocks you should keep your eye on.
-
6 potash stocks to watch
Want to invest in the potash industry? We’ve put together a list of potash stocks you should keep your eye on.
-
7 wheat stocks to watch
Want to invest in wheat companies? We’ve put together a list of wheat stocks you should keep your eye on.
-
8 residential reit stocks to watch
Want to invest in REIT companies? We’ve put together a list of residential REIT stocks you should keep your eye on.
-
8 bnpl stocks to watch
Want to invest in buy now, pay later companies? We’ve put together a list of BNPL stocks you should keep your eye on.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.