Marine Products Corp.
"So we beat on, boats against the current, borne ceaselessly into the past," are the last words of F. Scott Fitzgerald's "The Great Gatsby" as well as the words on his gravestone. Very apt as we examine this surprising addition to Jim Cramer's basket of luxury stocks titled the Great Gatsby index. It includes high end names like Toll Brothers, Saks, Coach, Tiffany, and more.
Boats, bowling, billionaires more »
For the majority of retail investors who may not be able to afford a luxury yacht, the next option can be buying shares of a company that makes these pleasure sea craft. The returns can be lucrative enough to embark on Caribbean cruises, which can be just as pleasurable as yachting. Also, there aren’t too many players in the leisure-boat industry, which alone is a big plus for investors more »
Recently, Harley-Davidson (NYSE: HOG) reported mixed Q3 results, with EPS a penny above the consensus estimates but revenue growth falling 2.7% short of expectations. Overall, while there were some puts and takes, I believe the results were generally better than feared and I am optimistic about the company. This is especially true given an upside to international sales, clear indication that U.S. retail sales weakness was due to more »
The recreational vehicle industry has seen significant growth over the past few years. Off-road vehicle sales have increased 35% YOY in 2010, 32% YOY in 2011, and are expected to grow 18% YOY this year. Moreover, the recreational vehicle index, as compiled by Tickerspy, is up 49.6% versus the S&P 500 since January 2008.
However, the industry has not been without its share of negative factors. Last winter more »