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National Museum of Mexican Art to return Mayan frieze to Mexico
National Museum of Mexican Art to return Mayan frieze to Mexico

Axios

time16-05-2025

  • General
  • Axios

National Museum of Mexican Art to return Mayan frieze to Mexico

The National Museum of Mexican Art (NMMA) in Pilsen is returning a Mayan frieze to its original home in Mexico. Why it matters: There have been growing calls for institutions and collectors to return artwork that was stolen from cultures and countries, including Native American artifacts, Nazi-looted works and antiquities from the Middle East. Flashback: NMMA signed a memorandum of understanding with the Mexican government in February to return a limestone panel that dates back to between 500–900 C.E., considered the Classic Period of Mayan civilization in Mexico. Zoom in: The work depicts a figure wearing an elaborate mask and headdress with hands extended as if speaking. There's a companion panel as part of the work that the museum said it is trying to locate. Zoom out: The frieze was on display at the Brooklyn Museum and a museum in Indiana in the 1970s before being purchased by the Sullivan family. Members of the family contacted NMMA after their mother died to help the family return the work to Mexico. Between the lines: The piece will be on display at NMMA for the next year before going back to Mexico City for restoration and exhibition there. What they're saying: "It doesn't matter how this work, or any other work, went out of the country. It is not for commerce," National Institute of Anthropology and History (INAH) director general Diego Prieto said Friday through a translator.

National Museum of Mexican Art Facilitates Repatriation of Mayan Frieze to Mexico
National Museum of Mexican Art Facilitates Repatriation of Mayan Frieze to Mexico

Yahoo

time16-05-2025

  • Entertainment
  • Yahoo

National Museum of Mexican Art Facilitates Repatriation of Mayan Frieze to Mexico

Press conference May 16 at 10:30 a.m. CDT at the National Museum of Mexican Art in Chicago CHICAGO, May 16, 2025 /PRNewswire/ -- The National Museum of Mexican Art (NMMA), in collaboration with the Government of Mexico, announced today it is facilitating the repatriation of a Mayan frieze to its place of origin in Mexico. A press conference regarding the transfer of the ancient artifact will be held on Friday, May 16, 2025, at 10:30 a.m. CDT at the National Museum of Mexican Art, 1852 W. 19th St., Chicago. Media to RSVP with Alive@ Anthropologist Diego Prieto Hernández, Director General of the National Institute of Anthropology and History (INAH), a branch of the Ministry of Culture of the Government of Mexico, will be present to accept the artifact, following the standard examination and condition reporting of the ancient piece. Dr. Antonio Saborit, Director of the National Museum of Anthropology in Mexico City, will also be present. The limestone frieze dates between 500 - 900 CE, during the Classic Period of Maya civilization in Mexico. It depicts a figure wearing an elaborate mask and headdress with hands extended as if speaking – Originally, there were two figures facing one another. The frieze measures 119x53x9.5 cm. (47"x 21"x 4") The artifact, which was held in a private collection, was displayed at the Brooklyn Museum in the 1960s and 1970s and at the Art Institute of Chicago in the late 1980s. Jeanne and Joseph Sullivan acquired the piece in 1988, and in 2024, their family sought the National Museum of Mexican Art's assistance in returning the sculpture to Mexico. On February 1, 2025, the NMMA signed a Memorandum of Understanding with INAH to continue collaborating on projects and exhibitions that promote Mexico's cultural patrimony. The NMMA Visual Arts Department worked with INAH to coordinate an orderly transfer of the Maya frieze. INAH has full normative and guiding power in the protection and conservation of tangible and intangible cultural heritage. This Mexican institution, founded in 1939, researches, preserves and disseminates the nation's archaeological, anthropological, historical, and paleontological heritage in order to strengthen the identity and memory of the society that holds it. Anthropologist Diego Prieto emphasized that "through this act we wish to attest the significance for the Mexican Government to recover our archaeological and historical heritage, and in general the cultural patrimony of Mexicans that is improperly residing in other countries." "Our mission compels us to advocate for practices that promote equity and acknowledge the significance of cultural heritage for communities worldwide," said Cesáreo Moreno, Visual Arts Director for the NMMA. "By acknowledging the importance of cultural heritage to its originating communities, we promote a richer and more nuanced understanding of humanity." "We are honored to collaborate on this repatriation mission with our colleagues at the National Institute of Anthropology and History and the National Museum of Anthropology. We encourage institutions that collect cultural objects to engage in open, respectful, and proactive dialogue with the communities and countries from which they originate," Moreno said. About the National Museum of Mexican ArtThe National Museum of Mexican Art is one of the country's most prominent Latino cultural organizations and the only nationally accredited museum dedicated to Mexican art and culture. Its Permanent Collection consists of more than 20,000 artworks. The museum has presented over 250 exhibitions, provides arts education to 52,000 students annually, and serves over 150,000 annual visitors from 60 countries. Admission is always free. Media Contacts:Alivé Piliado395313@ Eva Penar395313@ 312.810.4066 View original content to download multimedia: SOURCE National Museum of Mexican Art Sign in to access your portfolio

Is MarineMax, Inc. (HZO) Among the Best Boating Stocks to Buy Now?
Is MarineMax, Inc. (HZO) Among the Best Boating Stocks to Buy Now?

Yahoo

time23-04-2025

  • Business
  • Yahoo

Is MarineMax, Inc. (HZO) Among the Best Boating Stocks to Buy Now?

We recently published a list of the 10 Best Boating Stocks to Buy Now. In this article, we are going to take a look at where MarineMax, Inc. (NYSE:HZO) stands against other best boating stocks. The term 'boating stocks' refers to the shares of publicly traded companies in the recreational boating industry. These companies may manufacture boats, engines, marine parts, and accessories, or provide associated services such as marinas, boat dealerships, or charter businesses. As per the National Marine Manufacturers Association (NMMA), the recreational boating industry in the United States supports 36,101 enterprises, 93% of which are small businesses, and 812,558 jobs, generating $230 billion in economic output yearly. New boat, engine, and accessory sales account for $20.3 billion of the $56.7 billion in annual sales of boats, engines, and maritime services. The industry brings in $26.9 billion in taxes, of which $16.3 billion is generated by the federal government and $10.6 billion from the states. Of the 12 million registered boats, 95% of those built in the United States are under 26 feet and towable. The fact that 61% of boat owners have family earnings of $75,000 or less is noteworthy and highlights how accessible the market is to middle-class Americans. The recreational boating industry began in 2025 with mixed data, reflecting overall economic uncertainty. According to the NMMA's January 2025 Monthly Data Summary, total new powerboat retail unit sales fell 8.2% year on year for the 12 months ending January 2025, showing continued consumer caution in the face of rising inflation and interest rates. However, January 2025 sales showed a slight growth, with retail unit sales up 1% year on year (7,809 vs. 7,765). This is the first January gain since 2021, pointing to selective customer participation. Freshwater fishing boats led the recovery, with retail sales rising 3.8% year on year, including a significant 19.8% increase in January alone. NMMA cites the category's affordability and its appeal to middle-income consumers. Despite this, wholesale shipments fell 23.2%, showing tighter inventory management and caution among dealers. January's Consumer Confidence Index fell marginally to 105.3, whereas inflation rose to 3.0%. The average 30-year fixed mortgage rate climbed to 6.9%, and while the federal funds rate fell to 4.3%, higher borrowing costs continued to limit discretionary expenditure. A cautiously optimistic picture is painted by the aforementioned data, which shows that while consumer interest in value categories continues, macroeconomic challenges continue to limit overall momentum. Ellen Bradley, Chief Brand Officer for the National Marine Manufacturers Association (NMMA), commented: 'The tariff headwinds and economic uncertainty we're seeing now, coupled with the glimmer of growth we saw in January before this really set in, underscore the importance of the industry leaning into nurturing demand amid Americans' desire for long-term value, wellness, and community–all of which being on the water uniquely delivers,' added Bradley. 'We're watching consumer behavior and confidence closely in order to nimbly manage our approach with everything from messaging to media to timing across our Discover Boating marketing. Bottom line, there's an opportunity right now to break through by helping people find ways to explore the memories and moments only boating can provide and to support and nurture that interest for long-term industry growth.' Veteran journalist and editor Ed Slack, recognized for leading IBI and TIME Inc.'s maritime business-to-business portfolio and for his global perspectives on the dynamics of the boating market, stated late in 2024 that, as anticipated market circumstances improved, the outlook for 2025 was cautiously positive. Affordability, value, and improving the user experience for both entry-level and luxury boating segments will be major themes. Though it needs to be reframed with distinct value propositions, sustainability is still crucial. Consumer fatigue calls for more than simply greener propulsion; it requires measurable results from Life Cycle Assessments. The fragmented electric boat market is forecasted to consolidate as some companies depart due to low volume and expensive models, while others shift to commercial markets. Europe's economy is still in a fragile state, but hopes for 2025 are being strengthened by stabilizing global inflation and interest rates. U.S. trade policy is still a wild card since tensions might be exacerbated by tariffs when Donald Trump takes office again on January 20. Similar changes in 2019 resulted in increased costs but also accelerated reshoring and supply chain resilience; yet, worldwide boating revenues increased by 2% in that year (ICOMIA Recreational Boating Statistics 2019). The industry is well-positioned for 2025, but it must remain flexible in the face of geopolitical turmoil. A large yacht sailing in the open sea with passengers enjoying the sunset. We sifted through online rankings to form an initial list of the 15 Boating Stocks. From the resultant dataset, we chose 10 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's Market Cap as of April 15, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Holders: 21 Market cap as of April 15: $426.44 million MarineMax, Inc. (NYSE:HZO) is a US-based business that offers premium brands of new and used recreational boats along with engines, parts, and accessories. The company's additional ventures include boat and yacht brokerage sales, yacht charter operations, management of associated boat financing, insurance, and other matters, and repair, maintenance, and storage services. Product Manufacturing and Retail Operations are the firm's reportable divisions. The majority of the company's revenue is produced by the Retail Operations field and comes from the selling of both new and old boats. It caters to clients all around the United States. HZO is one of the best boating stocks to invest in. Notwithstanding a difficult retail climate, MarineMax, Inc. (NYSE:HZO)'s gross margin performance was strong, surpassing 36% throughout Q1 of 2025, due to sustained growth in higher-margin areas like marinas, super yacht services, finance, and insurance. By expanding its line of high-end products and introducing the Cruiser Yachts brand to every store in important Southern U.S. markets like Texas and West Florida, the company furthered its expansion strategy. The firm's non-boat and higher-margin income sources have expanded dramatically since 2019, bolstering more stable profit margins. The business anticipates that January revenue will rise year over year, showing a possibly favorable trend for the rest of the quarter. Ace River Capital stated the following regarding MarineMax, Inc. (NYSE:HZO) in its Q2 2024 investor letter: 'MarineMax, Inc. (NYSE:HZO) has received buyout interest from Island Capital and OneWater recently. This is positive news and serves as confirmation that the share price is indeed undervalued at these prices. My desire to have ownership in marinas and waterfront real estate in desirable areas is the main thesis for this investment. If a buyout occurs, I will have to reassess and may look to get similar exposure in the new company or elsewhere.' Overall, HZO ranks 4th on our list of the 10 Best Boating Stocks to Buy Now. While we acknowledge the potential of HZO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HZO but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.

Is Marine Products Corporation (MPX) Among the Best Boating Stocks to Buy Now?
Is Marine Products Corporation (MPX) Among the Best Boating Stocks to Buy Now?

Yahoo

time22-04-2025

  • Business
  • Yahoo

Is Marine Products Corporation (MPX) Among the Best Boating Stocks to Buy Now?

We recently published a list of the 10 Best Boating Stocks to Buy Now. In this article, we are going to take a look at where Marine Products Corporation (NYSE:MPX) stands against other best boating stocks. The term 'boating stocks' refers to the shares of publicly traded companies in the recreational boating industry. These companies may manufacture boats, engines, marine parts, and accessories, or provide associated services such as marinas, boat dealerships, or charter businesses. As per the National Marine Manufacturers Association (NMMA), the recreational boating industry in the United States supports 36,101 enterprises, 93% of which are small businesses, and 812,558 jobs, generating $230 billion in economic output yearly. New boat, engine, and accessory sales account for $20.3 billion of the $56.7 billion in annual sales of boats, engines, and maritime services. The industry brings in $26.9 billion in taxes, of which $16.3 billion is generated by the federal government and $10.6 billion from the states. Of the 12 million registered boats, 95% of those built in the United States are under 26 feet and towable. The fact that 61% of boat owners have family earnings of $75,000 or less is noteworthy and highlights how accessible the market is to middle-class Americans. The recreational boating industry began in 2025 with mixed data, reflecting overall economic uncertainty. According to the NMMA's January 2025 Monthly Data Summary, total new powerboat retail unit sales fell 8.2% year on year for the 12 months ending January 2025, showing continued consumer caution in the face of rising inflation and interest rates. However, January 2025 sales showed a slight growth, with retail unit sales up 1% year on year (7,809 vs. 7,765). This is the first January gain since 2021, pointing to selective customer participation. Freshwater fishing boats led the recovery, with retail sales rising 3.8% year on year, including a significant 19.8% increase in January alone. NMMA cites the category's affordability and its appeal to middle-income consumers. Despite this, wholesale shipments fell 23.2%, showing tighter inventory management and caution among dealers. January's Consumer Confidence Index fell marginally to 105.3, whereas inflation rose to 3.0%. The average 30-year fixed mortgage rate climbed to 6.9%, and while the federal funds rate fell to 4.3%, higher borrowing costs continued to limit discretionary expenditure. A cautiously optimistic picture is painted by the aforementioned data, which shows that while consumer interest in value categories continues, macroeconomic challenges continue to limit overall momentum. Ellen Bradley, Chief Brand Officer for the National Marine Manufacturers Association (NMMA), commented: 'The tariff headwinds and economic uncertainty we're seeing now, coupled with the glimmer of growth we saw in January before this really set in, underscore the importance of the industry leaning into nurturing demand amid Americans' desire for long-term value, wellness, and community–all of which being on the water uniquely delivers,' added Bradley. 'We're watching consumer behavior and confidence closely in order to nimbly manage our approach with everything from messaging to media to timing across our Discover Boating marketing. Bottom line, there's an opportunity right now to break through by helping people find ways to explore the memories and moments only boating can provide and to support and nurture that interest for long-term industry growth.' Veteran journalist and editor Ed Slack, recognized for leading IBI and TIME Inc.'s maritime business-to-business portfolio and for his global perspectives on the dynamics of the boating market, stated late in 2024 that, as anticipated market circumstances improved, the outlook for 2025 was cautiously positive. Affordability, value, and improving the user experience for both entry-level and luxury boating segments will be major themes. Though it needs to be reframed with distinct value propositions, sustainability is still crucial. Consumer fatigue calls for more than simply greener propulsion; it requires measurable results from Life Cycle Assessments. The fragmented electric boat market is forecasted to consolidate as some companies depart due to low volume and expensive models, while others shift to commercial markets. Europe's economy is still in a fragile state, but hopes for 2025 are being strengthened by stabilizing global inflation and interest rates. U.S. trade policy is still a wild card since tensions might be exacerbated by tariffs when Donald Trump takes office again on January 20. Similar changes in 2019 resulted in increased costs but also accelerated reshoring and supply chain resilience; yet, worldwide boating revenues increased by 2% in that year (ICOMIA Recreational Boating Statistics 2019). The industry is well-positioned for 2025, but it must remain flexible in the face of geopolitical turmoil. A colorful fleet of recreational fiberglass powerboats in full sail. We sifted through online rankings to form an initial list of the 15 Boating Stocks. From the resultant dataset, we chose 10 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's Market Cap as of April 15, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Holders: 3 Marine Products Corporation (NYSE:MPX) is one of the Best Boating Stocks on our list. It is a fiberglass motorized boat manufacturer that distributes and markets its products through a network of independent dealers. The Powerboat Manufacturing Business is the only functioning segment of the company. It works in Nashville, Valdosta, and Georgia in the powerboat manufacturing industry category. Robalo outboard sport fishing boats, Chaparral sterndrive, and outboard pleasure boats are among its product lines. Through the firm's Chaparral and Robalo brands, it caters to the sportfishing and family recreational markets, respectively. The business made $25 million in free cash flow and $30 million in operating cash flow in 2024. Marine Products Corporation (NYSE:MPX)'s solid financial circumstance is shown by the fact that it completed the year with $52 million in cash and a debt-free balance sheet. The announcement of a regular quarterly dividend of $0.14 per share and $44 million in dividends, of which $24 million was a special dividend, was among the significant financial returns that shareholders received. In terms of operations, the company successfully sold off its older models, lowering its field inventory by 15% annually. Marine Products Corporation (NYSE:MPX) also finished installing solar panels at its manufacturing location in Georgia, which should result in future significant cost savings on electricity and environmental benefits. Overall, MPX ranks 10th on our list of the 10 Best Boating Stocks to Buy Now. While we acknowledge the potential of MPX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MPX but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Is BRP Inc. (DOOO) Among the Best Boating Stocks to Buy Now?
Is BRP Inc. (DOOO) Among the Best Boating Stocks to Buy Now?

Yahoo

time22-04-2025

  • Business
  • Yahoo

Is BRP Inc. (DOOO) Among the Best Boating Stocks to Buy Now?

We recently published a list of the 10 Best Boating Stocks to Buy Now. In this article, we are going to take a look at where BRP Inc. (NASDAQ:DOOO) stands against other best boating stocks. The term 'boating stocks' refers to the shares of publicly traded companies in the recreational boating industry. These companies may manufacture boats, engines, marine parts, and accessories, or provide associated services such as marinas, boat dealerships, or charter businesses. As per the National Marine Manufacturers Association (NMMA), the recreational boating industry in the United States supports 36,101 enterprises, 93% of which are small businesses, and 812,558 jobs, generating $230 billion in economic output yearly. New boat, engine, and accessory sales account for $20.3 billion of the $56.7 billion in annual sales of boats, engines, and maritime services. The industry brings in $26.9 billion in taxes, of which $16.3 billion is generated by the federal government and $10.6 billion from the states. Of the 12 million registered boats, 95% of those built in the United States are under 26 feet and towable. The fact that 61% of boat owners have family earnings of $75,000 or less is noteworthy and highlights how accessible the market is to middle-class Americans. The recreational boating industry began in 2025 with mixed data, reflecting overall economic uncertainty. According to the NMMA's January 2025 Monthly Data Summary, total new powerboat retail unit sales fell 8.2% year on year for the 12 months ending January 2025, showing continued consumer caution in the face of rising inflation and interest rates. However, January 2025 sales showed a slight growth, with retail unit sales up 1% year on year (7,809 vs. 7,765). This is the first January gain since 2021, pointing to selective customer participation. Freshwater fishing boats led the recovery, with retail sales rising 3.8% year on year, including a significant 19.8% increase in January alone. NMMA cites the category's affordability and its appeal to middle-income consumers. Despite this, wholesale shipments fell 23.2%, showing tighter inventory management and caution among dealers. January's Consumer Confidence Index fell marginally to 105.3, whereas inflation rose to 3.0%. The average 30-year fixed mortgage rate climbed to 6.9%, and while the federal funds rate fell to 4.3%, higher borrowing costs continued to limit discretionary expenditure. A cautiously optimistic picture is painted by the aforementioned data, which shows that while consumer interest in value categories continues, macroeconomic challenges continue to limit overall momentum. Ellen Bradley, Chief Brand Officer for the National Marine Manufacturers Association (NMMA), commented: 'The tariff headwinds and economic uncertainty we're seeing now, coupled with the glimmer of growth we saw in January before this really set in, underscore the importance of the industry leaning into nurturing demand amid Americans' desire for long-term value, wellness, and community–all of which being on the water uniquely delivers,' added Bradley. 'We're watching consumer behavior and confidence closely in order to nimbly manage our approach with everything from messaging to media to timing across our Discover Boating marketing. Bottom line, there's an opportunity right now to break through by helping people find ways to explore the memories and moments only boating can provide and to support and nurture that interest for long-term industry growth.' Veteran journalist and editor Ed Slack, recognized for leading IBI and TIME Inc.'s maritime business-to-business portfolio and for his global perspectives on the dynamics of the boating market, stated late in 2024 that, as anticipated market circumstances improved, the outlook for 2025 was cautiously positive. Affordability, value, and improving the user experience for both entry-level and luxury boating segments will be major themes. Though it needs to be reframed with distinct value propositions, sustainability is still crucial. Consumer fatigue calls for more than simply greener propulsion; it requires measurable results from Life Cycle Assessments. The fragmented electric boat market is forecasted to consolidate as some companies depart due to low volume and expensive models, while others shift to commercial markets. Europe's economy is still in a fragile state, but hopes for 2025 are being strengthened by stabilizing global inflation and interest rates. U.S. trade policy is still a wild card since tensions might be exacerbated by tariffs when Donald Trump takes office again on January 20. Similar changes in 2019 resulted in increased costs but also accelerated reshoring and supply chain resilience; yet, worldwide boating revenues increased by 2% in that year (ICOMIA Recreational Boating Statistics 2019). The industry is well-positioned for 2025, but it must remain flexible in the face of geopolitical turmoil. A scenic view of a lake with a recreational vehicle speeding across its surface. We sifted through online rankings to form an initial list of the 15 Boating Stocks. From the resultant dataset, we chose 10 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's Market Cap as of April 15, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Holders: 8 BRP Inc. (NASDAQ:DOOO) is among the Best Boating Stocks. It creates, develops, produces, sells, and distributes personal watercraft, all-terrain vehicles, and snowmobiles under the Can-Am, Lynx, Sea-Doo, and Ski-Doo brands. After closing the Evinrude outboard engine division in 2020, it now manufactures engines under the Rotax name and serves its core customer base with apparel, accessories, and components. By purchasing boat manufacturers Alumacraft, Triton (which produces Manitou pontoon boats), and Telwater (in Australia), it established a maritime group in 2018. All of these brands are currently for sale. The company distributed its goods through a network of 140 wholesalers and over 2,400 independent dealers in around 130 countries at the end of fiscal 2025. Despite short-term macroeconomic constraints, BRP Inc. (NASDAQ:DOOO)'s solid competitive positioning and robust long-term strategy support its bull case. The firm has a strong position for recovery due to its focus on product innovation, efficient operations, and market share expansion, even though dealer demand is still weak because of high borrowing prices. Its proximity-based manufacturing, like the manufacture of personal watercraft in Mexico, improves productivity and adaptability to local demand. In FY2025, by becoming the top OEM and gaining significant market share, including an 11-point increase in side-by-side vehicles and a 4-point gain in ATVs above pre-COVID levels, the company cemented its dominance in the North American Powersports market. Furthermore, BRP Inc. (NASDAQ:DOOO) made lean savings of more than $200 million, which improved operational effectiveness in a difficult environment. Overall, DOOO ranks 9th on our list of the 10 Best Boating Stocks to Buy Now. While we acknowledge the potential of DOOO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DOOO but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

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