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

We came across a bullish thesis on Topgolf Callaway Brands Corp. on Valueinvestorsclub.com by GoBills42. In this article, we will summarize the bulls’ thesis on MODG. Topgolf Callaway Brands Corp.'s share was trading at $9.30 as of October 15th. MODG’s trailing and forward P/E were 98.91 and 156.25 respectively according to Yahoo Finance.

[caption id="attachment_586120" align="aligncenter" width="750"] Pixabay/Public Domain[/caption]

TopGolf Callaway is preparing to separate its TopGolf Entertainment business from its core golf club, apparel, and TopTracer operations,...