The leisure products industry is a growing sector, with e-sports, art and culture, beauty, personal care, and streaming services all increasing in popularity. This has led to an increase in demand for leisure stock investments. These companies support the creation of entertainment and things to do during free time. They may also sell people’s products and services during their leisure time or help other organizations create such programs. This article will explore some of the top leisure product stocks in 2022 and why.
Peloton Interactive (PTON)
Peloton Interactive provides exercise content, technology, and equipment that combines the best fitness and technology. Their products include stationary bikes, treadmills, weights, yoga mats, and clothing. They have recently announced a new smart bike with advanced features like a compatible tablet, a built-in sound system, and internet connectivity. This unique bike will be available in the year 2022. This new bike would cost more than $2,000, double their current bike. However, the company believes that fitness enthusiasts will be willing to pay for these advanced features and the quality of the cycle. Peloton has had impressive revenue and earnings growth over the past few years. Its stock is also significantly undervalued, making it a top leisure stock to buy in 2022.
Mattel is a toy maker famous for creating iconic toys such as Barbie, Hot Wheels, and Fisher-Price. Mattel has also been branching into artificial intelligence, augmented reality, and internet-connected toys. They have recently partnered with Amazon to create a talking computer assistant, voiced by comedian Keegan-Michael Key. Their partnership with Amazon led them to make the first Alexa-enabled doll. This doll allows children to interact with the beauty using voice commands and Alexa. This doll was released in the first quarter of 2019 and is expected to be highly successful. In addition, Mattel has partnered with Warner Brothers to create a range of Hello Kitty-themed products, including toys, apparel, backpacks, and more. This product line is expected to be launched in the last quarter of 2019. Finally, they have partnered with Netflix to create toys based on popular series such as Trolls: The Beat Goes On!, Stretch Armstrong, and The Dark Crystal. All of these new product lines are expected to be released in 2022 and will increase the value of Mattel stock.
Vista Outdoor (VSTO)
Vista Outdoor is a holding company that owns and markets sporting goods, outdoor equipment, and apparel. They have recently acquired a new brand that specializes in e-sports. This recent acquisition is expected to increase the value of Vista Outdoor stock. E-sports is a rapidly growing industry where people compete in video games. E-sports is a harsh industry because of the cost of entry. However, this acquisition will allow Vista Outdoor to start its e-sports brand for a much lower price than if they were to start from scratch. In addition, this acquisition will enable them to expand into other markets, such as apparel and accessories. This acquisition is expected to be completed in the third quarter of 2019. This is one of the top leisure stocks to buy in 2022, as it will significantly increase the company’s value.
Hasbro is a toy maker famous for its iconic brands, such as Transformers, My Little Pony, and Nerf. They have recently acquired an Australian brand that specializes in art and culture. This acquisition is expected to increase the value of Hasbro stock. This acquisition will allow Hasbro to expand into new markets such as Australia and Asia. They will also get access to a new group of artists who they can collaborate with to create new products and services. This acquisition is expected to be completed in the third quarter of 2019. This is one of the top leisure stocks to buy in 2022, as it will significantly increase the company’s value.
The leisure products industry is a growing sector, with e-sports, art and culture, beauty, personal care, and streaming services all increasing in popularity. This has led to an increase in demand for leisure stock investments. These companies support the creation of entertainment and things to do during free time. They may also sell people’s products and services during their leisure time or help other organizations create such programs. As a result, these top leisure stocks to buy in 2022 are expected to increase in value significantly over the next few years.
Read More: Best Leisure Products Stocks to Buy in 2022