{"id":5760,"date":"2009-06-20T13:15:26","date_gmt":"2009-06-20T20:15:26","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=5760"},"modified":"2009-06-20T14:10:45","modified_gmt":"2009-06-20T21:10:45","slug":"is-callaway-a-good-recession-buy","status":"publish","type":"post","link":"https:\/\/www.carlsbadistan.com\/?p=5760","title":{"rendered":"Is Callaway A Good Recession Buy?"},"content":{"rendered":"<p><a href=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2009\/03\/callaway-logo.jpg\" onclick=\"window.open('http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2009\/03\/callaway-logo.jpg','popup','width=188,height=106,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2009\/06\/callaway-logo-tm1.jpg\" height=\"56\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Callaway-Logo\" \/><\/a>In a recent column <strong>Reuters&#8217;<\/strong> &#8220;blogging money  and politics&#8221; writer <strong>James Pethokoukis<\/strong> asked the question: <strong><a href=\"http:\/\/www.reuters.com\/article\/reutersEdge\/idUSTRE55I56J20090619?pageNumber=2&amp;virtualBrandChannel=10531\" target=\"_blank\">Is Callaway Golf a good play in the recession?<\/a><\/strong>&#8221; <\/p>\n<p>James goes on to say that the golf business is getting hammered right now and that sales could be down 17 to 20 percent rather than the 5 to 10 percent that Callaway reported.<\/p>\n<blockquote><p>However, most analysts agree Callaway boasts a strong balance sheet and one of the best golf brands. . . And the new drivers are doing better than expected as the company is using them to clear out unwanted fairway wood inventory, Gilford Securities analyst Casey Alexander said. . . In fact, the stock is likely to rebound as things improve, said Alexander, who has a &#8220;buy&#8221; rating on the stock and also runs a small hedge fund that holds Callaway shares.<\/p><\/blockquote>\n<p>Guess that&#8217;s a &#8220;yes.&#8221;<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.reuters.com\/article\/reutersEdge\/idUSTRE55I56J20090619?pageNumber=2&amp;virtualBrandChannel=10531\" target=\"_blank\">Reuters<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent column Reuters&#8217; &#8220;blogging money and politics&#8221; writer James Pethokoukis asked the question: Is Callaway Golf a good play in the recession?&#8221; James goes on to say that the golf business is getting hammered right now and that sales could be down 17 to 20 percent rather than the 5 to 10 percent [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,29],"tags":[],"_links":{"self":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5760"}],"collection":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5760"}],"version-history":[{"count":3,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5760\/revisions"}],"predecessor-version":[{"id":5763,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5760\/revisions\/5763"}],"wp:attachment":[{"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}