Don’t Bail on Brunswick – WSJ

“A boat is a hole in the water you throw money into,” is how the saying goes. Investors who have put money into Brunswick lately can relate.

Shares of the boat maker have slipped about 30% in the past year and are flirting with their lowest levels since 2016. Concerns about the macroeconomic environment have been compounded by a tough spring selling season that led to elevated levels of unsold boats industrywide. Worries about the staying power of the U.S. economy, given how badly the last recession treated Brunswick, have…


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