10 Best Golf Stocks to Buy According to Analysts

8. Columbia Sportswear Company (NASDAQ:COLM)

Analysts’ Upside Potential as of April 9: 22.24%               

Columbia Sportswear Company (NASDAQ:COLM) manufactures outdoor and active lifestyle garments, footwear, equipment, and accessories, which are sold under four key brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are made in the United States, but the firm also has strong sales in its three other geographic segments: Latin America and Asia-Pacific, Europe, the Middle East and Africa, and Canada.

The firm’s majority of sales are made through wholesale channels, such as sporting goods and department stores, although the company also has its own branded stores in each of its geographic segments. Columbia Sportswear Company (NASDAQ:COLM) is among the Best Golf Stocks and has a golf apparel section.

The business produced a strong recovery in 2021 and 2022 for investors who were following its long-term growth and income story. Columbia Sportswear Company (NASDAQ:COLM) finished the year with an impressive $815 million in cash and no debt. In the fourth quarter, net sales climbed 3% year on year to $1.1 billion, with a 50-basis-point increase in gross margin to 51.1%. The business also announced its ACCELERATE Growth Strategy, which focuses on improving brand positioning and attracting younger consumers to drive long-term success.