Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

6 top boat stocks to buy in 2024

Ready to invest in the boating industry? Learn how to invest in boat stocks in just a few steps.

The best boat stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

The top boating stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  1. MarineMax (HZO)
  2. West Marine (WMAR)
  3. Malibu Boats (MBUU)
  4. MCBC (MCFT)
  5. Brunswick Corporation (BC)
  6. Marine Products Corporation (MPX)

Our top broker picks

Alternative pick for crypto trading

Go to site
  • $0 commission trading
  • Instant withdrawals with a 1.75% fee
  • Supports 250+ cryptocurrencies
  • High-yield account earns up to 4.65% APY
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

How to invest in boat stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like HZO or WMAR.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into boat stocks

If you're interested in investing in the boating industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. MarineMax (HZO)

MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates through two segments, Retail Operations and Product Manufacturing.

MarineMax stock opened the day at $29.01 after a previous close of $28.96. The latest price was $29.71 (25-minute delay). MarineMax is listed on the NYSE and has a trailing 12-month revenue of around USD2.4 billion.

  • Market capitalization: $671,285,568
  • P/E ratio: 18.0061
  • PEG ratio: 0.62

Back to top


2. West Marine (WMAR)

West Marine, Inc. operates as a specialty retailer of boating supplies, gear, apparel, footwear, and other water life-related products primarily in the United States. The company offers core boating products that comprise of maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, safety, electrical, plumbing, boats/outboards, ventilation, deck hardware/fasteners, navigation, trailering, seating/boat covers, and barbecues/appliances.

West Marine stock opened the day at $0.00 after a previous close of $0.00. The latest price was $0.00 (25-minute delay). West Marine is listed on the NASDAQ and employs 1,850 staff.

  • PEG ratio: 0

Back to top


3. Malibu Boats (MBUU)

Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt.

Malibu Boats stock opened the day at $40.55 after a previous close of $40.55. The latest price was $42.06 (25-minute delay). Malibu Boats is listed on the NASDAQ, has a trailing 12-month revenue of around USD$744.8 million and employs 2,250 staff.

  • Market capitalization: $829,221,312
  • PEG ratio: 2.2577

Back to top


4. MCBC (MCFT)

MasterCraft Boat Holdings, Inc. , through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates through three segments: MasterCraft, Pontoon, and Aviara.

MCBC stock opened the day at $20.63 after a previous close of $20.59. The latest price was $21.00 (25-minute delay). MCBC is listed on the NASDAQ, has a trailing 12-month revenue of around USD$337.6 million and employs 920 staff.

  • Market capitalization: $352,711,808
  • P/E ratio: 300
  • PEG ratio: 1.35

Back to top


5. Brunswick Corporation (BC)

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.

Brunswick Corporation stock opened the day at $78.64 after a previous close of $78.45. The latest price was $81.13 (25-minute delay). Brunswick Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$5.4 billion and employs 17,000 staff.

  • Market capitalization: $5,353,217,024
  • P/E ratio: 18.9114
  • PEG ratio: 1.4009

Back to top


6. Marine Products Corporation (MPX)

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name.

Marine Products Corporation stock opened the day at $9.55 after a previous close of $9.56. The latest price was $9.84 (25-minute delay). Marine Products Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$259.6 million and employs 690 staff.

  • Market capitalization: $345,047,744
  • P/E ratio: 18.6038
  • PEG ratio: 2.44

Back to top

Bottom line

While it’s possible to turn a profit investing in boat stocks, keep in mind that — like any investment — boat stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the boating industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site