Weekly "Focus" and a Full Swing

Bradley Goldhar - Mar 03, 2023
If you have enjoyed watching the Netflix documentary series Formula 1: Drive to Survive

If you have enjoyed watching the Netflix documentary series Formula 1: Drive to Survive, which follows the Formula 1 drivers and teams (just out with its 5th season), check out two new series on Netflix as well – Break Point that profiles several professional tennis players and Full Swing that profiles PGA golfers during the last season that was quite tumultuous with the breakaway LIV tour getting up and running. You don’t have to be a tennis player or golfer to enjoy the shows and you gain an appreciation of the training required to compete at the highest levels of each sport. There has been a resurgence in golf (and golf company share prices) and you may have come across bars and restaurants that allow patrons to use a golf simulator. Just this week, Modern Golf opened a location in our office building, so when you come down to see us bring your clubs as well and get in a few practice swings before golf season.

 

Company (Symbol)

Brands

Price Return in 2023

Dividend Yield

Acushnet Holdings (GOLF)

Footjoy

Scotty Cameron

Titleist

+25.2%

1.5%

TopGolf Callaway Brands (MODG)

Callaway

TopGolf

+18.6%

0.0%

Sources: FactSet, Values as of March 2

Click on the link for this week’s "Focus" digest from our economics team.

Have a great weekend,

Brad

Bradley Goldhar | Senior Portfolio Manager and Senior Investment Advisor