This summary was created by AI, based on 2 opinions in the last 12 months.
Amer Sports has recently been able to capitalize on positive market conditions, particularly in China, allowing its stock to exceed its initial public offering price despite facing an analyst downgrade. The company boasts a robust brand loyalty across various sporting goods segments, and has multiple revenue streams from popular brands such as Solomon, Wilson, Arcteryx, and Atomic. However, the company is relatively new on the NYSE, and there remain uncertainties surrounding the management team's performance and the business direction. Some experts are bullish and would consider purchasing on a pullback, while others recommend caution and suggest it may be premature to invest at this time, especially as the valuation appears to be in line with established brands like Nike and Lululemon.
New company on NYSE. Brand includes many popular sports brands like Solomon, Wilson, Arcteryx & Atomic. Too early to determine the direction of business. Unsure on how management team will perform. Would recommend not buying yet. Valuation in line with Nike/Lululemon.
Amer Sports is a OTC stock, trading under the symbol AS - N on the (). It is usually referred to as or AS - N
In the last year, 2 stock analysts published opinions about AS - N . 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Amer Sports.
Amer Sports was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Amer Sports.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Amer Sports published on Stockchase.
On , Amer Sports (AS - N ) stock closed at a price of $.
Near-term tailwinds came from China recently, which let Amer break out above its IPO price, despite an analyst downgrade today. Would buy a lot on a pullback. The brand loyalty for their sporting goods is solid. They have many revenues streams across many sports.