Considering investing in sports stocks? While the best sports stocks depend on your portfolio and investment goals, we've identified some sports stocks that are worth keeping an eye on in the athletics sector. Keep reading to learn more about sports stocks and how to start investing.
8 popular sports stocks to watch
We round up a selection of stocks in or related to the athletics 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 |
|---|---|---|---|---|---|
| Madison Square Garden Sports (MSGS.US) | -2.41% | $5.5 billion (USD) | NYSE | 103,007 | Buy now |
| Manchester United (MANU.US) | (data unavailable) | $2.7 billion (USD) | NYSE | (data unavailable) | Buy now |
| Nike (NKE.US) | -16.56% | $96.7 billion (USD) | NYSE | 12,040,500 | Buy now |
| DraftKings (DKNG.US) | -24.35% | $16.5 billion (USD) | NASDAQ | 14,181,963 | Buy now |
| Dick’s Sporting Goods (DKS.US) | (data unavailable) | $18.7 billion (USD) | NYSE | (data unavailable) | Buy now |
| Under Armour Inc A (UAA.US) | -54.38% | $2 billion (USD) | NYSE | 5,726,053 | Buy now |
| N/A (FUBO.US) | (data unavailable) | (data unavailable) | N/A | (data unavailable) | Buy now |
| Amer Sports (AS.US) | 43.92% | $20.6 billion (USD) | NYSE | 3,569,590 | Buy now |
What to look for when investing in sports stock
The athletics industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering sports 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 sports stock
- Research the athletics industry. Before investing, learn about the sports 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 sports stock(s) to buy. Search by company name or ticker symbol, like MSGS or MANU. 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 sports stocks
Are sports stocks a good investment?
While it's possible to turn a profit investing in sports stocks, keep in mind that—like any investment—sports stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the athletics industry, so carefully vet your picks before you invest.What are the best sports stocks?
A lot of factors go into picking the best sports stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong sports stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular sports stocks in or related to the athletics industry to help narrow down your options:
- Madison Square Garden Sports (MSGS)
- Manchester United (MANU)
- Nike (NKE)
- DraftKings (DKNG)
- Dick’s Sporting Goods (DKS)
- Under Armour Inc A (UAA)
- N/A (N/A)
- Amer Sports (AS)
Keep in mind that this is not a "best" list or a recommendation. It highlights some sports 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 sports stock below. Keep reading to decide if any of these companies are the right investment for you.
Madison Square Garden Sports (MSGS)
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League.
| Closing stock price | $226.17 |
|---|---|
| Market Capitalization | $5.5 billion |
| Gross profit (TTM) | $337.8 million |
| Profit margin | -2.31% |
| Revenue (TTM) | $1 billion |
| Earnings per share (TTM) | -$0.98 |
| 52-week stock price range | $173.26 – $237.99 |
Manchester United (MANU)
Manchester United plc, together with its subsidiaries, operates a professional sports team in the United Kingdom. The company is involved in marketing and sponsorship relationships with international and regional companies to commercialize its brand. It also markets and sells sports apparel, training and leisure wear, and other clothing; and other licensed products, such as coffee mugs and home accessories featuring the Manchester United brand and trademarks through Manchester United branded retail centers and e-commerce platforms, and through partners' wholesale distribution channels.
| Market Capitalization | $2.7 billion |
|---|---|
| Gross profit (TTM) | $548.8 million |
| Profit margin | -4.96% |
| Revenue (TTM) | $666.5 million |
| Earnings per share (TTM) | -$0.26 |
| 52-week stock price range | $12.05 – $19.65 |
Nike (NKE)
NIKE, Inc. , together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America. The company offers its products under the NIKE, Jordan, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.
| Closing stock price | $65.39 |
|---|---|
| Market Capitalization | $96.7 billion |
| Gross profit (TTM) | $19.5 billion |
| Profit margin | 6.23% |
| Revenue (TTM) | $46.4 billion |
| Earnings per share (TTM) | $1.95 |
| 52-week stock price range | $51.33 – $80.53 |
DraftKings (DKNG)
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks.
| Closing stock price | $33.87 |
|---|---|
| Market Capitalization | $16.5 billion |
| Gross profit (TTM) | $2.4 billion |
| Profit margin | -4.90% |
| Revenue (TTM) | $5.5 billion |
| Earnings per share (TTM) | -$0.54 |
| 52-week stock price range | $26.23 – $53.61 |
Dick’s Sporting Goods (DKS)
DICK'S Sporting Goods, Inc. , together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; and apparel.
| Market Capitalization | $18.7 billion |
|---|---|
| Gross profit (TTM) | $5.3 billion |
| Profit margin | 6.86% |
| Revenue (TTM) | $14.9 billion |
| Earnings per share (TTM) | $12.27 |
| 52-week stock price range | $164.41 – $250.14 |
Under Armour Inc A (UAA)
Under Armour, Inc. , together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types.
| Closing stock price | $4.64 |
|---|---|
| Market Capitalization | $2 billion |
| Gross profit (TTM) | $2.4 billion |
| Profit margin | -1.74% |
| Revenue (TTM) | $5 billion |
| Earnings per share (TTM) | -$0.21 |
| 52-week stock price range | $4.13 – $10.53 |
N/A (N/A)
N/A. . .
Amer Sports (AS)
Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, Mainland China, Hong Kong, Macau, Taiwan, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.
| Closing stock price | $37.03 |
|---|---|
| Market Capitalization | $20.6 billion |
| Gross profit (TTM) | $3.5 billion |
| Profit margin | 5.10% |
| Revenue (TTM) | $6.1 billion |
| Earnings per share (TTM) | $0.55 |
| 52-week stock price range | $20.21 – $42.36 |
Compare trading platforms to buy sports 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 sports stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of sports 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 athletics industry to know when to buy, sell or hold.Frequently asked questions about sports stocks
Sources
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