These Four Recreational Dividend Stocks Are Up Double Digits And More As We Come Out Of Lockdown

The reopening of closed business in the U.S. has started in anticipation of today’s Memorial Day Holiday. The trend will accelerate as we move into the summer months. However, don’t expect every company to bounce back to what it was before the crisis. Many industries will suffer long-lasting effects from the shutdown. Others may benefit from an attitude change by consumers.

One new change that will stick is a focus on social distancing. People will no longer be told to stay home or shelter in place, but social distancing rules are expected to remain in effect at least until there is widespread vaccine availability.

The next step will be social distancing for fun and adventure. By this, I mean, why stay home and watch Netflix again? Instead, get away from people by taking your boat into the middle of the lake to water ski or fish. Or, load the family into a four-seat off-road ATV and explore the desert or mountain jeep trails. Or, take the motor home or travel trailer and get away to a national park or state park campground.

The point is that outdoor recreation is poised to become even more popular. Studies show that time spent outdoors is safer when it comes to transmission of the coronavirus, than staying indoors. Just don’t ask any strangers to join you on your boat!

Here are four stocks to invest in and profit from following relaxed stay-at-home rules and warm weather this summer, as a population that’s been cooped up for months gets out and about. The recovery for all four has outpaced the broader market since coming off the March lows.

Brunswick Corporation (BC) is a leading manufacturer in the marine recreational market. BC produces 16 different brands of recreational boats, including SeaRay, Boston Whaler, and Crestliner. The company also manufactures the Mercury and Mercury MerCruiser brands of boat engines.

BC shares have traded on the NYSE for 95 years. Brunswick is targeting over 6% annual revenue growth through 2022. The summer of 2020 will be a great start towards that growth target. The BC dividend has increased for seven straight years at a double-digit annual growth rate.

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Disclaimer: The information contained in this article is neither an offer nor a recommendation to buy or sell any security, options on equities, or cryptocurrency. Investors Alley Corp. and its ...

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