Topgolf Callaway Brands Corp. (MODG): A Bull Case Theory

We came across a bullish thesis on Topgolf Callaway Brands Corp. (MODG) on Strategic Alpha’s Substack by Strategic Alpha. In this article, we will summarize the bulls’ thesis on MODG. MODG Technologies, Inc. share was trading at $10.7 as of Sept 20th. MODG’s trailing and forward P/E were 16.44 and 24.51 according to Yahoo Finance.

[caption id="attachment_1238707" align="aligncenter" width="768"] A golfer in the summer sun taking a swing on the green of a pristine golf course.[/caption]

Topgolf Callaway Brands Corp. (MODG) provides a fun, social experience that doesn’t need...