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Polaris vs. Fox Factory: Which Off-Road Vehicle Stock is a Better Buy?

Published 05/21/2021, 09:31 AM
Updated 05/21/2021, 10:30 AM
© Reuters.  Polaris vs. Fox Factory: Which Off-Road Vehicle Stock is a Better Buy?
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Due to restrictions driven by the COVID-19 pandemic, people adopted a variety of new hobbies, including off-roading. Two stocks that have benefited from this trend are Polaris (NYSE:PII) and Fox Factory Holding Corp. (NASDAQ:FOXF). But which is the better Buy now? Read more to find out.Americans are off-roading now more than ever, thanks to the pandemic. Outdoor activities such as off-roading, golfing, fishing, and hunting have never been more popular. These activities can be enjoyed while social distancing and without the assistance of another person, making them perfect for modern times.

Those who took up off-roading as a hobby during the pandemic will likely continue enjoying the greater outdoors in off-road vehicles long after coronavirus is an afterthought. The publicly traded companies that make off-road vehicles stand to benefit from the uptick in interest.

Search for off-road automotive stocks, and you will find two emerge as attractive plays: Polaris (PII) and Fox Factory Holding Corp. (FOXF). Let's take a look at these two off-road vehicle stocks to get a sense of which is the better play.

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