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Stock impact report

Pools, Boats, and RV Stocks: Values or Traps? [Yahoo! Finance]

Malibu Boats, Inc. (MBUU) 
Last malibu boats, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
(28:00) - Episode Roundup: MBUU, WGO, POO, THO Podcast@Zacks.com Description: Welcome to Episode #421 of the Value Investor Podcast. Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks. Has the consumer turned against big ticket discretionary items like boats, pools and RVs? The stocks in this category have been hitting multi-year lows this year on fears that the consumer will pull back on spending. These companies have already seen falling earnings since the Federal Reserve raised interest rates in 2022. After all, these are expensive products which many consumers will borrow money to purchase. But with the stocks selling off, are pools, RVs and boat companies deals? Or is there more pain to come and they are traps? How to Determine if a Stock is a Value or a Trap Just because a company has a low price-to-earnings (P/E) ratio or other cheap fundamentals, that doesn't mean it's a true Show less Read more
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