Topic: How To Invest

Q: Can I get your take on MarineMax as a buy? Thank you for all your great advice over the years.

Article Excerpt

A: MarineMax Inc., $27.93, symbol HZO on New York (Shares outstanding: 21.9 million; Market cap: $615.4 million;, operates as a recreational boat and yacht retailer, and a services firm for yacht owners in the U.S. The company sells new and used recreational boats, including pleasure and fishing boats, mega- and small yachts, sport cruisers, ski boats, jet boats, and other recreational boats. It offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories such as life jackets, inflatables, and water sports equipment. MarineMax also provides novelty items, such as shirts, caps, and licence plates; marine engines and equipment; maintenance, repair, and slip and storage accommodation services; and boat or yacht brokerage services. The company has more…