Best Outdoor Stocks To Watch Now - August 23rd

Key Points

• Walmart, Lowe's, and BJ's Wholesale Club are highlighted as key outdoor stocks to watch, demonstrating strong trading volumes and their relevance in the consumer discretionary sector benefiting from leisure spending.
• Walmart operates through multiple retail segments including supermarkets and eCommerce, maintaining its position as a significant player in consumer staples despite recent earnings misses.
• Lowe's Companies focuses on home improvement products, offering a wide range of items crucial for construction and outdoor living maintenance.

Walmart, Lowe's Companies, and BJ's Wholesale Club are the three Outdoor stocks to watch today, according to MarketBeat's stock screener tool. Outdoor stocks are shares of publicly traded companies whose core business is designing, manufacturing or selling products and services for outdoor recreation—ranging from apparel and footwear to camping, hiking, fishing and hunting gear. They give investors targeted exposure to the consumer discretionary segment that benefits from leisure and adventure spending. Their performance often tracks factors like consumer confidence, seasonal demand and weather-driven trends. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Read Our Latest Research Report on WMT

Lowe's Companies (LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

Read Our Latest Research Report on LOW

BJ's Wholesale Club (BJ)

BJ's Wholesale Club Holdings, Inc. engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

Read Our Latest Research Report on BJ

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