GOLF - Golf stocks stay hot after Dick's earnings and Phil Mickelson PGA win

Callaway Golf ([[ELY]] +4.1%) and Acushnet Holdings ([[GOLF]] +1.8%) rally after Dick's Sporting Goods points to strong demand for golf products in Q1 and the early part of Q2. Notably, Dick's is increasing its investment in the Golf Galaxy business. Golf play was up 21% YTD through the end of March and should see even higher marks in Q2 against the lockdown comparable. There could also be a boost in golf interest with duffers after Phil Mickelson became the oldest golfer ever to win a major tournament with his PGA victory last weekend. Mickelson's win arrived just as golf season is heating up in many parts of the country. Callaway Golf is up 46.90% YTD and traded at a 52-week high earlier in today's session. Achushnet Holdings is 26.39% higher YTD. Compare valuation marks on ELY and GOLF.

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Golf stocks stay hot after Dick's earnings and Phil Mickelson PGA win