Venture: US Sporting Goods

Issue 107;

Another sector that has had a tough time is sporting goods. Like many growth stocks, they became overpriced in 2021/22 and have suffered since.

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Major Sports Brands

Source: Bloomberg

We’ve found one that is undervalued, ridding itself of underperforming brands, and repairing its balance sheet. There is nothing more exciting to an investor than to buy a great business at a low price.

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