I Just Might Buy Me a Boat

One theme we are working on this week, headed into summer trading, is to identify stocks clearly standing out in an otherwise soft or lackluster sector. Indeed, if the broad market does stay rangebound, this morning's massive pop notwithstanding, then we surmise that individual outperforming issues can continue to do so while the rest of the sector may aimlessly drift in a rangebound tape. 

We looked at a stellar airline yesterday in the full video for Members, and now we will look at a standout in the recreational vehicle segment, a sector which has been pounded of late perhaps due to higher gasoline prices. But whatever the reason, name like CWH HOG PII THO WGO have clearly had a rough late-winter and spring period of trading. 

However, Brunswick Corporation, specializing in recreational boating, appears to be ripe to continue to be the standout as we head into summer, a natural time for marine/boating vehicle purchases to tick higher anyway. 

The chart has not only held up well, but now appears to be flourishing. We are eyeing BC for a fresh long this week, among other ideas in that same vein.