If you’re a keen cyclist and want to invest in your hobby (even more so than the fortune you’ve spent on bicycles and apparel over the years), we’ve put together a list of some of the major publically traded bicycle manufacturers.
However, there are three household cycling brands that investors can buy into. Do buy these cycling stocks you’ll need an account with a stock broker that offers access to the US market like Hargreaves Lansdown, Interactive Investor or AJ Bell.
Peloton Interactive Inc. (NASDAQ: PTON)
Peloton produces high-end indoor stationary bikes.
Fox Factory Holding Corp. (NASDAQ: FOXF)
The Fox Factory makes high-end suspension systems for mountain bikes and motorcycles.
Vista Outdoor Inc. (NYSE: VSTO)
Vista owns brands like Bell (helmets), Giro (cycling gear), and CamelBak (hydration packs), which are heavily used in cycling.
Unfortunately, the biggest manufacturers are all based in Asian, which is quite difficult to invest in unless they have American Depository Receipts (ADRs).
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Giant Manufacturing Co. Ltd. (TPE: 9921) – Taiwan – One of the world’s largest bicycle manufacturers, known for its high-quality road, mountain, and electric bikes.
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Merida Industry Co. Ltd. (TPE: 9914) – Taiwan – Another major Taiwanese manufacturer, supplying bikes under its own brand and producing for other companies.
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Hero MotoCorp Ltd. (NSE: HEROMOTOCO) – India – Primarily a motorcycle company but also produces bicycles under the Hero brand.
Yadea Group Holdings Ltd. (HKG: 1585) – China – Primarily focused on electric two-wheelers but also involved in e-bike production.
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Gogoro Inc. (NASDAQ: GGR) – Taiwan – Primarily focused on electric scooters and battery-swapping networks but has partnerships in the e-bike space.
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Shimano Inc. (TYO: 7309) – Japan – Not a bike manufacturer but a major supplier of cycling components like gears, brakes, and drivetrains.
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