Are bike manufacturing stocks a good investment?

Bicycle manufacturing stocks -- part of the industrial sector of the economy -- are difficult to invest in directly. Many bike companies are subsidiaries of larger manufacturing conglomerates, transportation parts suppliers, vehicle makers, and the like.

Which bike-related companies have seen similar stock price patterns in recent weeks?

Several bike-related companies — including Giant, Accell Group, Thule Group, Fox Factory, MIPS and Dorel Industries — have shown similar stock price patterns in recent weeks, mostly paralleling the recovery in international market indexes.

Why is Shimano's stock so high?

OSAKA, Japan (BRAIN) — Shimano, Inc.'s stock price closed at its highest price ever last week, and the 99-year-old component giant's stock continues to trade at historically high levels as investors anticipate growth in the bike market due to the COVID-19 pandemic.