For investors, I recommend you chat up your golf buddies, ask what they've recently bought, check out the outfits on the course and check to see what Tiger and Rory are shooting that week, especially in the big events.
To wit, pure golf plays ALDA and ELY once traded in the $18s back in 2008. Now both are meandering in the $4.00-$6.40 range.
Maybe the best way to invest in golf is to track the sports retailers like Dick's Sporting Goods (DKS - Get Report) (which also owns Golf Galaxy) that aren't beholden to merely the golf biz. Think of it as a golf mutual fund where it rides the wave of general sporting good sales. There just might be a nice stock bump available if you're able to catch and ride the next hot golf trends surging on the horizon.
Just be sure to glance at the Tour money leaders on your way to the stock tickers.At the time of publication the author had no position in any of the stocks mentioned. Follow @arnettrick This article was written by an independent contributor, separate from TheStreet's regular news coverage.