Promising Outdoor Stocks To Consider – April 22nd

Louisiana-Pacific, ON, and Deckers Outdoor are the three Outdoor stocks to watch today, according to MarketBeat’s stock screener tool. “Outdoor stocks” are equity securities of companies whose primary businesses serve outdoor recreation and activities — e.g., manufacturers and retailers of outdoor apparel and gear, makers of sporting and camping equipment, recreational vehicle and boat builders, and services such as guided adventure tourism. Investors treat them as consumer-discretionary plays that are often seasonal and weather-sensitive, and whose performance is tied to trends in leisure spending, travel, and outdoor lifestyle preferences. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

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.

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.

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.