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Outdoor Stocks Worth Watching - August 28th

Walmart logo with Retail/Wholesale background

Key Points

  • Walmart, Affirm, and Best Buy are currently highlighted as top outdoor stocks to watch, indicating significant interest in consumer demand for outdoor recreation products.
  • Walmart operates on a global scale with various formats, including retail and eCommerce, and emphasizes the importance of seasonal trends in the outdoor leisure market.
  • Affirm provides a digital commerce platform allowing consumers to pay over time for purchases, catering to the growing demand for flexible payment solutions in eCommerce.
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Walmart, Affirm, and Best Buy are the three Outdoor stocks to watch today, according to MarketBeat's stock screener tool. Outdoor stocks are equity shares of publicly traded companies whose core business involves the design, manufacture and sale of outdoor recreation products—think camping gear, hiking apparel and sporting equipment. By investing in outdoor stocks, shareholders gain exposure to consumer demand for nature-based activities and the seasonal trends that drive the outdoor leisure market. 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

Affirm (AFRM)

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.

Read Our Latest Research Report on AFRM

Best Buy (BBY)

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions.

Read Our Latest Research Report on BBY

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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