I was probably teeing off at either Chula Vista Golf Course or Mission Trails Golf Course when I heard about it. I just remember being captivated by the idea of it. In fact, it caused me to be a little distracted until the second or third hole. (I think it was Chula Vista. I recall going into water that ran along the course.)
The guy who was paired with and playing with us had mentioned that he had invested in Callaway.
Think about it.
This was Big Bertha era. This was when the PGA was all up in arms about equipment specifications and restrictions. Callaway was long before PGX in leveling the playing field for weekend golfers to gain yardage off the tee.
And this dude was casually talking about how he had invested in Callaway early on as an IPO.
I was intrigued.
I was starting to invest beyond my mutual funds with Franklin-Templeton and I had started a trading account with TD Waterhouse (later TD Ameritrade). I held a few shares of companies like Oracle, Pepsi, and Ford.
But this guy owned Callaway.
I looked into it and that’s when I became a conscious investor in the game of golf and the world of sports.
Popular Golf Stocks for Investors
Fun Facts about the List
- Roundhill Sports Betting & iGaming ETF ($BETZ) is most probably one of the oddest items on the list.
- Comcast owns NBC and the Golf Channel
- One of these stocks is actually using the ticker symbol: $GOLF
I didn’t include Nike ($NKE) because despite their athletic apparel lines which include golf gear the company no longer makes golf equipment.
There might be some other names missed on this list, too. I just wanted to create a broad list of golf-related investments available out there including an ETF.
Callaway as a Stock
Like I said, I was first introduced to the entire idea of investing in golf stocks by a guy who owned a piece of Callaway. That was where I did my initial research.
$ELY still is available under $25 on the New York Stock Exchange (NYSE).