These are big names in a niche market, and they could be great stocks to hold for the long term.
Having a great brand can be a powerful moat in business, but not all brands are the same. Some are big and some are niche. GoPro (GPRO -1.12%) and Yeti (YETI -1.65%) are incredible brands and product companies in their segment in the market, and now that valuations have come down, they are stocks worth taking a second look at.
*Stock prices used were the end-of-day prices of Jan. 18, 2023. The video was published on Jan. 22, 2023.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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