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Promising Outdoor Stocks Worth Watching - October 2nd

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Key Points

  • Seven outdoor-related stocks are highlighted for October 2: On Holding (ONON), Deckers Outdoor (DECK), V.F. (VFC), Lamar Advertising (LAMR), Trex (TREX), Academy Sports and Outdoors (ASO), and Louisiana-Pacific (LPX). They ranked among the sector’s highest-dollar-volume stocks in recent trading.
  • The companies span athletic footwear and apparel, outdoor retail, composite decking, building products, and outdoor advertising. Their performance may be affected by consumer spending, weather, seasonal demand, and housing activity.
  • Key businesses include On’s performance footwear, Deckers’ UGG and HOKA brands, Academy’s camping, fishing, and hunting retail operations, Trex’s outdoor-living products, and LPX’s siding and building solutions.
  • Five stocks we like better than ON.

ON, Deckers Outdoor, V.F., Lamar Advertising, Trex, Academy Sports and Outdoors, and Louisiana-Pacific are the seven Outdoor stocks to watch today, according to MarketBeat's stock screener tool. “Outdoor stocks” are shares of companies that generate revenue from outdoor recreation and related activities, such as camping, hiking, fishing, hunting, cycling, skiing, or sporting goods. They may include manufacturers of outdoor equipment and apparel, retailers, travel operators, and recreation-focused businesses, and their performance can be influenced by consumer spending, weather, and seasonal demand. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

Read Our Latest Research Report on ONON

Deckers Outdoor (DECK)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.

Read Our Latest Research Report on DECK

V.F. (VFC)

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.

Read Our Latest Research Report on VFC

Lamar Advertising (LAMR)

Lamar Advertising Company operates as an outdoor advertising company in the United States and Canada. The company owns and operates billboards, logo signs, and transit advertising displays, as well as rents space for advertising on billboards, buses, shelters, benches, logo plates, and in airport terminals.

Read Our Latest Research Report on LAMR

Trex (TREX)

Trex Company, Inc. manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.

Read Our Latest Research Report on TREX

Academy Sports and Outdoors (ASO)

Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.

Read Our Latest Research Report on ASO

Louisiana-Pacific (LPX)

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.

Read Our Latest Research Report on LPX

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