Best Trucking Stocks For 2016: Johnson Outdoors Inc.(JOUT)
Johnson Outdoors Inc., together with its subsidiaries, designs, manufactures, and markets seasonal outdoor recreation products used primarily for fishing, diving, paddling, and camping. Its Marine Electronics segment offers battery powered fishing motors for trolling or primary propulsion; sonar and GPS equipment for fish finding and navigation; downriggers for controlled-depth fishing; leisure boat navigation technology; and lake charts. The company?s Outdoor Equipment segment provides consumer tents, sleeping bags, camping furniture, and other recreational camping products; commercial tents, such as party tents and accessories, including lighting systems, interior lining options, and mounting brackets; heavy-duty tents and lightweight backpacking tents for the military, including modular general purpose tents, rapid deployment shelters, and lightweight one and two person tents; and military tent accessories, such as fabric floors, as well as field compasses and digital i nstruments, and performance measurement instruments. This segment also acts as a subcontract manufacturer for other providers of military tents. It primarily serves camping and backpacking specialty stores, sporting goods stores, catalog and mail order houses, general rental stores, and tent erectors. Its Watercraft segment offers canoes, kayaks, accessories, paddles, and personal flotation devices. The company?s Diving segment manufactures and markets a line of underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories for technical and recreational divers. This segment also offers diving gear to dive training centers, aquariums, and resorts. Johnson Outdoors Inc. operates primarily in the United States, Europe, Canada, and the Pacific Basin. The company was founded in 1985 and is headquartered in Racine, Wisconsin.
Advisors' Opinion:- ! [By Peter Graham]
The Q3 2014 earnings report for small cap golf stock Callaway Golf Co (NYSE: ELY), a potential peer of sporting goods or sporting equipment stocks like Toronto listedPerformance Sports Group Ltd (NYSE: PSG) and Johnson Outdoors Inc (NASDAQ: JOUT), is scheduled for after the market closes on Thursday (October 23rd). Aside from the Callaway Golf earnings report, it should be said that Performance Sports Group Ltd reported Q1 2015 on October 9th (revenues were up 28% to $197.1 million) while the estimated release date for the Q4 2014 Johnson Outdoors Inc earnings report isOctober 31st. However, Callaway Golf is the last publicly tradedpure play golf equipment stockgiving investors direct exposure to the game especially since Dicks Sporting Goods Inc (NYSE: DKS)recently took a $20.4 million pretax golf restructuring charge and plans to focus more attention on other sports.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-trucking-stocks-for-2016.html
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