10 Best Boating Stocks to Buy Now

3. Winnebago Industries, Inc. (NYSE:WGO)

Number of Hedge Fund Holders: 21

Market cap as of April 15: $868.23 million

Winnebago Industries, Inc. (NYSE:WGO) produces boats, components, towables, and customized specialized vehicles in addition to Class A, B, and C motor homes, making it one of the Best Boating Stocks. The firm has been manufacturing recreational vehicles since 1958. Fiscal 2024 revenue was close to $3 billion. The company bought SunnyBrook in 2011 to enter the towable market, then in November 2016, it purchased Grand Design. Compared to 31% in fiscal 2016, towables now account for 83% of the company’s RV unit volume. In fiscal 2024, the company’s total RV unit volume was 38,796. It entered the boating business in 2018 when it acquired Chris-Craft. In November 2019, Winnebago Industries, Inc. (NYSE:WGO) acquired luxury motor home manufacturer Newmar, and in August 2021, it acquired Barletta pontoon boats. Furthermore, it is creating autonomous and electric technologies.

The successful introduction of Grand Design’s motorized division with the Series M Class C and the first shipments of the Lineage Series F Super C Coach, which is aiming for over $100 million in revenue for fiscal 2025, were among the operational highlights reported by Winnebago Industries, Inc. (NYSE:WGO) in Q2 of 2025. The business also saw substantial growth in its market share, with Barletta’s pontoon market share climbing by 140 basis points to 9.5% and the motorhome market share improving by mid-single digits year over year.

As the gross margin rose by 110 basis points in a row, profitability improved because of lower allowances and discounts. Despite a drop in average selling prices per unit, the Marine segment still experienced revenue growth due to higher unit volumes and improved operating efficiencies.