Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, December 11th:TOPGOLF CALLAWY (MODG) : This unrivaled tech-enabled Modern Golf and active lifestyle company, which delivers golf equipment, apparel and entertainment, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 59% over the last 60 days.TOPGOLF CALLAWY’s shares gained 19% over the last three month compared with the S&P 500’s gain of 4 ...

We raised the question back in 2023: was the Topgolf mania just another consumer hype bubble?Turns out that may have been the case. Topgolf Callaway Brands had been trying to unload or spin off the Topgolf unit for some time, and now they have.Bloomberg reports that Callaway has sold a 60% stake in its Topgolf and Toptracer division to Leonard Green & Partners in a deal valuing the business at about $1.1 billion. This means the 60% stake will generate about $770 million for Callaway. Callaway originally acq ...