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It is summer time, which means tennis fans around the world are watching the Wimbledon tennis tournament take place.

There is definitely an investment angle to Wimbledon. As a matter of fact, Wimbledon issues debentures [bonds]. The Center Court debentures are issued in maturities of five years, and entitles the owners to one ticket for every day of The Lawn Tennis Championships during the related period, and a pass to the Center Court Debenture Holders’ Lounge. Barclays Capital Securities Limited makes a market in the bonds.

Fortunately, there are plenty of tennis stocks to choose from, and a few which may be worth taking a swing at:

Nike Inc. (NYSE:NKE) is the famous athletic shoe manufacturer, and maker of sports apparel and equipment. It has a P/E of 20, and a PEG of 1.3. It even pays a dividend of 1.3%.

Adidas AG (OTCQX:ADDYY) makes Reebok ,and Adidas tennis shoes. Based on its first dividend, it yields 0.1%.

K-Swiss Inc. (NASDAQ:KSWS), which trades on the NASDAQ, manufactures tennis gear. It has a P/E ratio of 14.3, a PEG of 1.55, and even has a small yield of 0.7%.

Puma AG Spons. ADR (OTC:PMMAY) is the German manufacturer of high quality athletic shoes, and other sportswear. This stock falls into the high-priced share category, as it sells for over $440 per share. Based on its annual dividend, it has a yield of 0.7%.

Amer Sports Cp SP AD (OTCPK:AGPDY) is the Finnish company that owns Wilson Sporting Goods organization. It makes popular tennis rackets that have been used by Pete Sampras, Roger Federer, Serena Williams, Venus Williams, Flavio Saretta, Jack Kramer, Jimmy Connors, Chris Evert, and Steffi Graf. It has paid annual dividends in six, out of the last seven years.

Head NV (HED) is a sporting goods, and clothing manufacturer, that is well-known for its tennis rackets. Its rackets are used by thirty percent of the top 100 ATP Tour players. They are also used by many tennis players such as Andre Agassi, Ivan Ljubicic, Richard Gasquet, Juan Carlos Ferrero, Gaël Monfils, Marat Safin, and Svetlana Kuznetsova. The company currently has very low earnings, but has a P/S ratio of .31.

K2 Inc. (KTO) makes tennis rackets, and clothing through its Völkl division. The stock has a P/E of 20, and a PEG of 1.34.

Dick's Sporting Goods Inc. (NYSE:DKS) has over 290 sporting goods stores, most of which are located in the eastern United States. It sells tennis equipment, along with numerous other types of sports equipment. The stock has a P/E of 26.5, and a PEG of 1.22.

International Business Machines Corp. (NYSE:IBM), appears on this list, and you are probably wondering why. It is one of the major sponsors of Wimbledon, and its ads appear at the top of the Wimbledon home page and on every other page on its site. It has a P/E of 16.8, a PEG of 1.43, and its yield is 1.5%.

Polo Ralph Lauren Corp. (NYSE:RL) is another company whose appearance on this list may also make you wonder. It is the first company in over 125 years to provide uniforms for the tournament's on-court officials, including the 570 umpires, ball girls, and ball boys. It has a P/E of 26, a PEG of 1.62, and a very small yield of 0.2%.

General Electric Co. (NYSE:GE) owns NBC which is broadcasting Wimbledon. It has a P/E of 19, a PEG of 1.64, and a yield of 2.9%.

Verizon Communications, Inc. (NYSE:VZ) is showing the Wimbledon tournament on its cellphones for subscribers to Verizon Wireless' V Cast Mobile TV. It has a P/E of 19.8, a PEG of 2.58, and a yield of 3.9%.

Disclosure: The author does not own any of the above.

Source: 12 Ways to Support the Game of Tennis During Wimbledon