12 Best Leisure Stocks to Buy Right Now

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2. Amer Sports, Inc. (NYSE:AS)

Number of Hedge Fund Holders: 48

Amer Sports, Inc. (NYSE:AS) is a Finland-based global group of outdoor brands and sports, including Arcteryx, Salomon, Wilson, Peak Performance, Atomic, Armada, ATEC, DeMarini, EvoShield and ENVE. It offers fitness and sports equipment through factory outlets, fitness clubs, specialty retailers, mass merchants, and more.

The company’s sales, adjusted margins, and EPS surpassed analyst expectations in fiscal Q4 2024. It generated 23% sales growth and more than 300 basis points of adjusted operating margin expansion in the quarter. This growth was attributed to strong growth and profitability in the technical apparel and outdoor performance segment. Amer Sports, Inc. (NYSE:AS) also reported an 18% revenue growth to $5.2 billion and 130 basis points of adjusted operating margin expansion to 11.1%, setting new records.

All three of the company’s big brands, including Arc’teryx, Salomon, and Wilson, reported accelerating momentum in fiscal Q4 2024. Great China and APAC regions also continued to deliver solid growth, while EMEA and North America showed an acceleration in momentum. Amer Sports, Inc. (NYSE:AS) ranks second on our list of the 12 best leisure stocks to buy right now.

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