Free Trial

7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer - 3 of 7

 
 

#3 - Camping World (NYSE:CWH)

Back in February, MarketBeat contributor Thomas Hughes outlined the great buying opportunity that existed with Camping World (NYSE:CWH ) stock. Specifically, the stock was trading at less than 5x its earnings and had a dividend yield of over 8%.

At the time, Hughes cautioned investors that this deal wouldn’t last. The good news for investors is that to this point it still has. In fact, it’s gotten even better with a dividend yield that’s now above 9%.

Investors may be steering clear of CWH stock because the company delivered lackluster earnings in February. Earnings came in below expectations and revenue was only a slight beat. As a company that sells recreational vehicles (RVs), investors may believe that demand is falling. However, with many RV manufacturers reporting backlogs from the pandemic, it’s likely that Camping World will still deliver revenue and earnings growth in 2022.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry. Read More 
Current Price
$23.83
Consensus Rating
Moderate Buy
Ratings Breakdown
7 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$27.75 (16.4% Upside)

 

Nvidia’s world of pain awaits (Ad)

The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.

Click play to stream The Final Frontier at no cost