Malibu Boats Stock Earns IBD Composite Rating Upgrade To 97

Malibu Boats Stock Earns IBD Composite Rating Upgrade To 97

On Wednesday, Malibu Boats got an upgrade for its IBD SmartSelect Composite Rating from 94 to 97. As consumer confidence continue to rise, Americans are spending on outdoor leisure products, such as boats and other marine products. Malibu Boats, which designs and makes sports boats, has benefited from the boating boom.