Alden sees an entry for a play on ELY by the end of 2017. This chart is a long term chart that shows a mean reversion of the channel for the past couple of years is feasible. With that being the case, we think this could be a good one to take a small position for the long term. One thing that's very noticeable with ELY is they tend to be a standout as a brand and tends to operate as a reasonable investment in a consistently growing economy. Golf seems to be a good time for a lot of people and ELY has managed to establish its brand and stick out.
Alden Investment publications are only meant for viewing pleasure and not to be taken in as financial advice or anything related to such.
Alden Investment publications are only meant for viewing pleasure and not to be taken in as financial advice or anything related to such.