Which sports stocks are the best to buy?
If youre a sports fan, its likely that you have some knowledge of how your favorite teams or leagues operate on a commercial basis. Adverts are all over the sides of the pitch in games such as soccer, for example  and transfer windows are perfect regular reminders that theres a big money-making side to all sorts of games. If youre not yet up to speed, this blog post will help you to get a feel for just how best to go about working out the best sport stocks and starting a portfolio of your very own. Nike  If youre not quite ready to make the big move into team stocks, with all the specific baggage and required knowledge that commitment brings, you may be more comfortable instead going for a company that supplies sports teams and fans in a more conventional way. A company such as Nike offers a perfect chance for a sports fan to bring sport into their portfolio while also dealing with a familiar company structure: Nike provides sports goods to consumers, for example, while also operating advertising functions through sponsorship and similar. In terms of the numbers, Nike dividends have certainly risen over the years  especially in the last two decades or so. Its worth remembering, though, that long-term investing may be required to get the returns youd like to have. NFL teams  like the Cowboys  Its also possible to invest in teams as well as businesses. If youre looking to make an investment in a team, going for something like a side in the National Football League  which is high profile and well known  could well be the smartest move. A top team such as the Dallas Cowboys, which has a value north of US$5bn and has experienced a 43% change in value in just five years, could be a good shout. Remember that its possible to invest in teams such as these without actually taking a stock. Its possible to use derivatives, which are a type of financial instrument that tracks the underlying market and value without conveying ownership  so if it seems at first glance like itd be too much of a hurdle to actually buy a stock, you may want to think again. The best trading platform types out there are those that offer this function, so make sure you search well. Finding a top-class trading platform to use is also important in order to stay safe while investing in sports stocks and to have the best experience. By choosing a platform that has great customer support, a simple interface and a glowing reputation, youll be all set to get the most from trading sports stocks. Under Armour  Another sporting goods stock that you could consider buying now is Under Armour. This is a very successful firm that produces sportswear, training kit and workout wear. They have really taken off over recent years and have posted decent results, especially over the last 12 months or so. The companys clever use of celeb endorsements, TV advertising and social media marketing has all come together to help its value really grow. As a sports fan, you might simply own some Under Armour kit yourself and be keen to invest in a company that you have a personal connection with! As the demand for athletic wear gets bigger as we move forward and the popularity of working out continues to rise, this is one sports stock that many predict a bright future for. One smart choice is the Callaway Golf Company. They seem to be another sporting corporation that has managed to not only survive recent events but prosper as well. Callaway reportedly had record net sales figures for the end of 2020 and this performance is expected to continue throughout 2021. As people around the world start to hit golf courses once more, the demand for Callaway clubs and products should get a real boost. It is also thought that Callaways ties to China (where it sources multiple products) should help it do well, in line with the double-digit growth the sporting goods sector has seen in China itself. Investing in stocks is an option for sports fans  Each investors journey is likely to be different, and youll need to build up your own confidence before you take the plunge. By checking out some of the stocks in this article, though, youll be able to get an initial feel for the sector. If you also remember to choose the right platform to trade with, you will be in a great position to start your trading journey.