Hey all,
Here is a preview of what you can get with an Oxen Group Alert membership…
This is an alert I sent out just minute ago that can only be seen by alert members:
I really like Callaway Golf Inc. (ELY). The company is a sporting goods seller of golf clubs. The stock is in a great position for a rise I believe on an earnings beat. The company is estimated at -0.28 EPS. Yet, I think this is undervaluing the company. There is a lot of scare on the Tiger Woods front in the golf world, but I think it is overshadowing the fact that Callaway just launched a stellar driver called the Diablo Edge. It is affordable and getting top ratings from all of golf experts.
"While market conditions have been challenging this year, we have managed our business in such a way that we have gained market share in all club categories, managed our expenses responsibly and invested in a few important growth initiatives that should position Callaway Golf to grow when the economy begins to rebound," said George Fellows, president and CEO, in a statement.
Callaway and sporting goods are in a tough position, but I do think this stock is in a nice position.
It is definitely a gamble, but I think one can expect a beat. If it does…it will be the first time in over a year, and this thing will go wild.
Good Investing!
David
