Camping World Holdings $CWH: Why I Think this Stock could Double.
bpresearch.substack.com
Introduction Camping World Holdings is a recreational vehicle (RV) and outdoor retailer in America. The firm operates through two main business segments, Good Sam Services and Plans and Outdoor Retail. The company has seemed to have had a recent uptick in 2020 and now 2021 with sales and net income growing at an increasingly rapid pace. I attribute this uptick to Covid-19 flight restrictions and lockdowns changing consumer travel behaviour. I also believe Camping World’s management has done an amazing job of expanding their higher margin business segments and creating a strong outdoor recreation network. Despite Camping World’s astounding performance over the past year and management increasing the firms share repurchases and dividend payouts, Camping World is still priced at just 7 times earnings and has a short % of float of 18%. I am of the opinion, that the market simply has this company priced completely wrong, and I am going to explain why in this article.
Camping World Holdings $CWH: Why I Think this Stock could Double.
Camping World Holdings $CWH: Why I Think this…
Camping World Holdings $CWH: Why I Think this Stock could Double.
Introduction Camping World Holdings is a recreational vehicle (RV) and outdoor retailer in America. The firm operates through two main business segments, Good Sam Services and Plans and Outdoor Retail. The company has seemed to have had a recent uptick in 2020 and now 2021 with sales and net income growing at an increasingly rapid pace. I attribute this uptick to Covid-19 flight restrictions and lockdowns changing consumer travel behaviour. I also believe Camping World’s management has done an amazing job of expanding their higher margin business segments and creating a strong outdoor recreation network. Despite Camping World’s astounding performance over the past year and management increasing the firms share repurchases and dividend payouts, Camping World is still priced at just 7 times earnings and has a short % of float of 18%. I am of the opinion, that the market simply has this company priced completely wrong, and I am going to explain why in this article.