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6 boat stocks to watch

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.

6 popular boat stocks to watch

We round up a selection of stocks in or related to the boating industry, weighting the list more heavily towards popular mid- and large-cap stocks.

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

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The boat stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering boat stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

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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 in Canada.
  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.

Learn more about popular boat stocks

We round up a selection of stocks in or related to the boating industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. MarineMax (HZO)

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

  • Previous close price: $29.39
  • Market capitalization: $674,459,008
  • 1 year performance: 4.37%
  • P/E ratio: 18.3152
Buy HZO stock on Interactive Brokers

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.

  • Previous close price: $0.00
  • 1 year performance: N/A
Buy WMAR stock on Interactive Brokers

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.

  • Previous close price: $41.22
  • Market capitalization: $818,180,800
  • 1 year performance: -3.24%
Buy MBUU stock on Interactive Brokers

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.

  • Previous close price: $20.66
  • Market capitalization: $348,008,960
  • 1 year performance: 2.53%
  • P/E ratio: 296
Buy MCFT stock on Interactive Brokers

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.

  • Previous close price: $80.20
  • Market capitalization: $5,336,720,896
  • 1 year performance: 15.35%
  • P/E ratio: 19.0306
Buy BC stock on Interactive Brokers

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.

  • Previous close price: $9.70
  • Market capitalization: $345,047,744
  • 1 year performance: 4.08%
  • P/E ratio: 18.6038
Buy MPX stock on Interactive Brokers

Buy boat stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Name Product CAFST Available Asset Types Account Types Stock Trading Fee Account Fee Offer
Interactive Brokers
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Interactive Brokers
Stocks, Bonds, Options, Index Funds, ETFs, Currencies, Futures
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CIBC Investor's Edge
Finder Score: 3.7 / 5: ★★★★★
OFFER
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
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$0 if conditions met, or $100
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Moomoo Financial Canada
Finder Score: 3.9 / 5: ★★★★★
CASHBACK
Moomoo Financial Canada
Stocks, Options, ETFs
RRSP, TFSA, Personal
$0.014/stock
$0
Enjoy a 6% cash rebate, plus $2,200 in trading perks.
RBC Direct Investing
Finder Score: 3.8 / 5: ★★★★★
RBC Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business
$6.95 - $9.95
$0 if conditions met, otherwise $25/quarter
Questrade
Finder Score: 3.9 / 5: ★★★★★
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal
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$0
Qtrade Direct Investing
Finder Score: 3.6 / 5: ★★★★★
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Qtrade Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
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Get 1% cashback or more, a $100 sign-up bonus & unlimited free trades until December 31, 2024. Use code SUMMERBONUS2024.
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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. If you're new to investing or if it's been a while since you've taken a critical look at your investment accounts, compare brokers to make sure you're getting the best trading features for your needs.
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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