#3 - Camping World (NYSE:CWH)
Camping World (NYSE:CWH) is to camping what Walmart is to everyday life. If Camping World doesn’t have it there is a good chance that you don’t need it. The company not only serves as an RV dealership it also rents RVs, sells all manner of RV supply and equipment, as well as tents, sleeping bags, gear, and electronics for more-traditional methods of camping.
Not only is Camping World growing at a double-digit pace but it is making inroads to disrupt the entire RV market. The company announced a collaboration with Lordstown Motors to electrify the RV world. To begin with, Camping World’s 170 camping centers are going to be retrofit to handle Lordstown Motors vehicles beginning with the Endurance pickup truck. Later, the two will work towards building EV-RVs built on the Endurance platform. If you are curious, the entire EV market is worth about 2.5% of global vehicle sales and expected to grow at a 30-40% CAGR for the next three to four decades.
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
- $25.83
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $27.75 (7.4% Upside)
