Housing: Boosting Outdoor Power Equipment

The rebound in the housing market that we've experienced since January has been a positive economic indicator and a catalyst for driving the US equity market higher. It's also a meaningful indicator of where outdoor power equipment sales are headed; the more new homes and homeowners, the more power equipment they'll need to keep their lawns and yards tidy. Briggs and Stratton (BGG) remains one of our favorite long ideas in the space.