Callaway Golf Company (NYSE:ELY)

there's not many stocks left with such low p/b ratios. fundamentals are pretty sound. i think what they're doing with the raising of capital is just being cautious, or maybe even trying to drive the price of the stock down so that they themselves can buy some.

i think all the bad news is priced in and cheap stocks are getting harder and harder to find this far into the rally. investors are looking for price book ratios below 1. if you notice, the big movers most often are stocks with good fundamentals near their 52 week lows that havent popped off yet. well, this probably wont pop off, given the bad taste many have in their mouths from the recent news. but its likely to rise.

check out the last two evaluations. i agree with them completely. brand name that has value. good buy for this cheap. excuse poor grammar and punctuations, im russian or something. and lazy

I golf

Asterism Output:
16/14
20/17

Nice fundamentals and in a profitable industry

golf is the number one sport

I chose Callaway primarily because I love to golf. Callaway is a well known brand sold at many golf courses and country clubs around the country. With spring and summer just around the corner, the golf season is just starting. This should give Callaway a seasonal increase.

You wont get rich off this stock, but you wont lose anything either. Callaway is one of the greatest companies in one of the greatest games on earth.

good

Weak dollar.

recession will flatten out sales.

Favorable demographic trends indicate future acceleration for the golf industry. US baby boomer generation nears retirement age.

Powerful brand names, leading market positions in golf. Such brands have propelled the company to the #2 position in the US golf market for woods, #1 for irons, #1 for putters, and #2 for balls.

New Square driver.

It has been free falling. I see that stopping soon. This company should only go up.

I want to "sell" around 20.

Unusually high call options volume (8X) yesterday.

I am a golfer, and this rounds out the sport play. NKE, ELY, UA. My golf bag is filled with Calloway. I use the balls, and the woods. I use NKE drivers and putters, sometimes the balls. The marketing in the golf industry is really strong. This stock finishes my trade for the sport play.

Baby boomers will make for lots of customers for this company - great news on earnings today - up on after hours trading - will open up bigger tomorrow - expect it to even go up from there

baby-boomers are aging and golf will soar!

Who cares about golf?

Because of the increase per week, which out numbers its decrease in category, Callaway will out perform very soon.

It is a trend. I look for overvalued stocks trading at high P/E's. The only thing I don't like about this pick right now is that it just crossed both MA's. Golf is no longer in season, so this guy is for a few months.