BRP is one of the more interesting companies right now in that it manufacturers, designs (innovates) and produces high-end and lucrative consumer goods products ranging from a few thousand to over 15-20k on average: Ski-Doo's, Can-Am's, 3 Wheelers, Snowmobiles and other types of goods are in its portfolio. In-fact, many people probably purchase these goods without knowing that they all fall under BRP as a company.
Despite people being somewhat uncertain regarding the global economy, the consumer still remains relatively strong, or I should say, at-least willing to continue to take on more debt. For this reason, the stock will continue to appreciate rather dramatically until the economy begins to tank.
BRP does an excellent job creating hype around their products and has performed incredibly well with solid eps/revenue and profits.
Technically, the stock will likely keep rising steadily (~$80-82) up until roughly a 2 week period prior to earnings. An earnings beat allows it to soar further; an earnings not beat (unlikely) allows it to drop (as shown by history).
For those interested in consumer goods products like Coca-Cola, Walmart, Pepsico, etc, you may want to look into BRP for its record earnings and far superior capital appreciation.
- zSplit
Despite people being somewhat uncertain regarding the global economy, the consumer still remains relatively strong, or I should say, at-least willing to continue to take on more debt. For this reason, the stock will continue to appreciate rather dramatically until the economy begins to tank.
BRP does an excellent job creating hype around their products and has performed incredibly well with solid eps/revenue and profits.
Technically, the stock will likely keep rising steadily (~$80-82) up until roughly a 2 week period prior to earnings. An earnings beat allows it to soar further; an earnings not beat (unlikely) allows it to drop (as shown by history).
For those interested in consumer goods products like Coca-Cola, Walmart, Pepsico, etc, you may want to look into BRP for its record earnings and far superior capital appreciation.
- zSplit