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Promising Outdoor Stocks To Add to Your Watchlist - May 7th

Lamar Advertising logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener flagged three Outdoor stocks to watch today — Lamar Advertising (LAMR), On (ONON), and Louisiana‑Pacific (LPX) — because they had the highest dollar trading volume among Outdoor stocks over the past several days.
  • Quick business summaries: Lamar Advertising owns and operates billboards, transit and airport advertising in the U.S. and Canada; On designs and sells performance footwear, apparel and accessories globally; and Louisiana‑Pacific produces engineered wood, siding and other building solutions for new home construction and remodeling.
  • Five stocks we like better than Lamar Advertising.

Lamar Advertising, ON, and Louisiana-Pacific are the three Outdoor stocks to watch today, according to MarketBeat's stock screener tool. "Outdoor stocks" are publicly traded companies whose businesses center on outdoor recreation, apparel, equipment, and related services — including manufacturers, specialty retailers, and travel/tour operators tied to camping, hiking, watersports, and other outdoor activities. Investors view them as a consumer-discretionary thematic group that is often cyclical and sensitive to seasonality, weather, and shifts in consumer confidence. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

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

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

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Lamar Advertising Right Now?

Before you consider Lamar Advertising, you'll want to hear this.

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While Lamar Advertising currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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