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Is there any growth left in Golf? (ELY)

 Sep 09, 2009 04:08 AM UTC
Return Risk
-72.15% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
ELY n/a

Graphic_arrow1 Via The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Market commentary for the Savvy Investor:  


If you ask Callaway Golf Company (Public, NYSE:ELY) if there is any growth left in Golf, I think they would say yes.



In a recent market Study called "Opportunities in the Global Golf Club Market" published by E-Composites, Inc., the golf club market in India and China will see a growth rate of over 25% annually for the next 5 years. The growing popularity of the game and the affluence of the golfers will insure the growth. The market size for the worldwide golf club manufacturing industry is estimated at US $3.9 billion.



An increasing number of golfers in the world have come to rely on higher- level products and thus titanium and


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