Golf now stock12/18/2023 ![]() ![]() We picked these stocks based on future growth potential, underlying business fundamentals, and optimistic analyst coverage. ![]() We selected the most prominent companies working in the golf sector for this analysis. Some of the best golf stocks to consider include Topgolf Callaway Brands Corp. There were 3.2 million new golf players in 2021, and the industry has received over 2 million new golfers for the last 8 years consecutively. ![]() In 2021, more than 37.5 million Americans over the age of 6 played golf, including 25.1 million people who played on a golf course and 12.4 million who participated in off-course golf activities at driving ranges, indoor golf simulators, and golf entertainment venues. In 2019, over 14 million millennials said that they would be interested in playing golf. Among these new participants, a third of all American golfers are now millennials, which is changing the industry trends, as previously it was a sport reserved for older people and corporate employees. With limited competition in the outdoor activities space, the pandemic has attracted new participants for golf. Golf was one of the safest sports amid the COVID-19 pandemic, despite multiple safety precautions and social distancing restrictions. As of June 2022, the total has lowered by 11%, but there are still more golf courses in the United States than McDonald’s or Starbucks. According to the National Golf Foundation, the number of courses in the 20 years to 2006 jumped 44% to 16,000. IMARC Group forecasts the market size to reach $9.35 billion by 2027, reflecting a compound annual growth rate of 4.10% during this period. If you want to see more stocks in this selection, check out 3 Best Golf Stocks to Buy Now.Ī latest study by IMARC Group indicates that the global golf equipment market was valued at $7.3 billion in 2021. In this article, we discuss 6 best golf stocks to buy now. ![]()
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