Camping World (NYSE.CWH), is a top retailer of recreational vehicle and related products. Its ancillary businesses support a growing community of RV-owners.
Reserveamerica
The company owns and operates more than 170 SuperCenters centered around the sale of RVs, outdoor lifestyle items, and a full range of Good Sam offerings. It also has a large number RV service centers.
Its RV dealerships offer a wide range of pre-owned and brand new vehicles. The company can offer RVs at a fair price to its customers.
Camping World is now able to compete in the RV industry with other dealers and has a larger market share.
Lordstown Motors
The Company has a relationship with Lordstown Motors - an electric vehicle manufacturer - and will design, engineer and produce an allelectric motor home for Camping World to sell and service at their RV stores.
Currently, Camping World is the only national brand offering all-electric motor homes that can be sold and serviced at its RV dealers.
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Because of its upside potential, investors should consider Camping World Holdings NYSE:CWH as an investment option. The company is also a dependable performer and has a solid management team.
Insider Trading
It is possible to uncover key information about a company's prospects by looking at its insider buying or selling. For example, Camping World's top-tier insider, Marcus Lemonis, bought CWH shares several times this year.
An insider buy that is strong can indicate optimism. It could also signal that the company's leadership is taking steps to increase shareholder values.
CWH stock was bought by Chairman and CEO Lemonis on 13 occasions in this year. This increased Lemonis' position from 447.423 shares up to 517.096 shares.
Since 2006 Lemonis has been Camping World's CEO and Chairman. He has been a long-term manager of the company, and is well versed in its past and future.
His purchases can indicate that he is confident about Camping World's near term prospects and is making steps to increase shareholder value.
Camping World has seen many other insiders purchasing shares in recent months. Lemonis' son is one of these insiders, and he has been involved in Camping World since its beginning.
One is an investment banker of top quality who has been a Camping World shareholder since years. He's also an investor in other companies in this industry, and is a smart investor who knows how to navigate the company's operations.
He has a proven track record of buying shares at just the right time. He has done this for Kraft Foods and Pepsi.
Camping World's performance could be affected this year by a weaker economy and a slower RV industry. The company is able to maintain profitability and strength in the coming years due to its strong balance sheet, diversified business model and solid financial position.