Time To Start Your Outdoor (Trading) Adventure?

Welcome to another week in trading! June is #GreatOutdoorsMonth and today we’re looking at top outdoor adventure stocks to trade in 2021. We’ll also let you know which events to watch this week.

The outdoor stocks to trade right now

The outdoor recreation sector is one of the few that remained relatively buoyant throughout government mandated lockdowns. This was mainly because restrictions mostly applied to indoor events and major outdoor gatherings; more individual pursuits, such as hiking, camping, or biking were permitted.

#1 Go Pro Inc (GPRO)

One of the stellar performers of 2021 so far, GPRO stock closed on Friday at 11.04 USD per share, up 36.46% from the start of 2021.

#2 Garmin (GRMN)

Contrary to our opening paragraph, Garmin did struggle a bit during Q2 last year, but it’s come out fighting pretty hard ever since, as interest in outdoor activities and exercise emerged as popular trends.

#3 Winnebago (WGO)

Winnebago manufactures and sells RVs and marine products. A massive spike in demand (their backlog grew 313% last year) has caused WGO stock to rise exponentially since around November last year.

#4 Thor Industries (THO)

Another major RV manufacturer, Thor stock (THO) has had a similar experience to Winnebago over the last year, jumping over 25% in 2021 alone.

What’s on the trading agenda this week?

Here’s everything you need to keep track of this week.

Monday

No major events scheduled.

Tuesday

● JPY — GDP Growth Annualised Final (Q1)

Wednesday

● AUD — Westpac Consumer Confidence Index (JUN)

Thursday

● CNY — New Yuan Loans (MAY)

Friday

● GBP — GDP 3-Month Avg (APR); GDP YoY (APR)

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