Topgolf Callaway Brands Corp. (MODG): A Bull Case Theory

We came across a bullish thesis on Topgolf Callaway Brands Corp. on The Lion's Roar - Outside the Box Investments’s Substack by Dominick D'Angelo. In this article, we will summarize the bulls’ thesis on MODG. Topgolf Callaway Brands Corp.'s share was trading at $9.12 as of September 4^th. MODG’s trailing and forward P/E were 98.91 and 156.25 respectively according to Yahoo Finance.

[caption id="attachment_595068" align="aligncenter" width="750"] Pixabay/Public Domain[/caption]

Callaway’s upcoming spin-off of its TopGolf Entertainment business creates a compelling investment...