In this article, we will be looking at the 5 best RV and camping stocks to buy now. If you want to see our detailed analysis of these stocks, you can go directly to the 10 Best RV and Camping Stocks to Buy Now.
5. Thor Industries, Inc. (NYSE: THO)
Number of Hedge Fund Holders: 21
Thor Industries, Inc. (NYSE: THO) is a recreational vehicles company based in Elkhart, Indiana. It is ranked fifth on our list of 10 best RV and camping stocks to buy now. The stock has returned over 0.81% to investors over the course of the past year.
On June 8, Thor Industries, Inc. (NYSE: THO) posted earnings for the first quarter of 2021, reporting earnings per share of $3.29, beating estimates by $0.96. The revenue over the period was around $3.46 billion, up 105.70% year-over-year.
At the end of the first quarter of 2021, 21 hedge funds in the database of Insider Monkey held stakes worth $184 million in Thor Industries, Inc. (NYSE: THO). Of the funds tracked by Insider Monkey, Alexander Mitchell’s Scopus Asset Management initiated a new stake in Thor Industries, Inc. (NYSE: THO) in the first quarter of 2021, worth close to $50 million, comprising 0.63% of its total 13F portfolio.
On July 1, Citi upgraded Thor Industries, Inc. (NYSE: THO) to Buy from Neutral with a $150 price target, noting that outdoor recreation trends “remain robust” in Q2 after Q1 results.
4. Polaris Inc. (NYSE: PII)
Number of Hedge Fund Holders: 29
Polaris Inc. (NYSE: PII) is a recreational vehicles company based in Medina, Minnesota. It is ranked fourth on our list of 10 best RV and camping stocks to buy now. The stock has returned over 41.29% to investors over the course of the past year.
On April 27, Polaris Inc. (NYSE: PII) posted earnings for the first quarter of 2021, reporting earnings per share of $2.30, beating estimates by $0.70. The revenue over the period was around $1.95 billion, up 38.85% year-over-year.
At the end of the first quarter of 2021, 29 hedge funds in the database of Insider Monkey held stakes worth $510 million in Polaris Inc. (NYSE: PII).
Of the funds tracked by Insider Monkey, John Overdeck and David Siegel’s Two Sigma Advisors has the most valuable position in Polaris Inc. (NYSE: PII) as of the end of the first quarter of 2021, worth close to $78 million, comprising 0.21% of its total 13F portfolio. In the first quarter of 2021, Two Sigma Advisors increased their stake in Polaris Inc. (NYSE: PII) by around 16%.
3. Camping World Holdings, Inc. (NYSE: CWH)
Number of Hedge Fund Holders: 24
Camping World Holdings, Inc. is a recreational vehicles company based in Lincolnshire, Illinois. It is ranked third on our list of 10 best RV and camping stocks to buy now. The stock has returned over 12.96% to investors over the course of the past year.
On May 4, Camping World Holdings, Inc. (NYSE: CWH) posted earnings for the first quarter of 2021, reporting earnings per share of $1.40, beating estimates by $0.66. The revenue over the period was around $1.42 billion, up 51.85% year-over-year.
At the end of the first quarter of 2021, 24 hedge funds in the database of Insider Monkey held stakes worth $326 million in Camping World Holdings, Inc. (NYSE: CWH). Of the funds tracked by Insider Monkey, David Abrams’ Abrams Capital Management has the most valuable position in Camping World Holdings, Inc. (NYSE: CWH) as of the end of the first quarter of 2021, worth close to $186 million, comprising 4.18% of its total 13F portfolio.
On July 1, Raymond James gave an Outperform rating to Camping World Holdings, Inc. (NYSE: CWH) with a $45 price target, noting that Camping World Holdings, Inc. (NYSE: CWH) was positioned to gain market share as it was growing its dealer footprint and expanding into higher margin and less cyclical sources of revenue.
In its Q4 2020 investor letter, Wasatch Core Growth Fund highlighted a few stocks and Camping World Holdings Inc. (NYSE:CWH) is one of them. Here is what the fund said:
“A relative underperformer for the quarter was Camping World Holdings, Inc. (CWH), which operates more than 160 retail locations specializing in recreational vehicles and associated parts, accessories and services. Even before the pandemic, similar to our analysis for YETI, we had already recognized the trends favoring Camping World’s market segment. Although the stock was relatively flat for the quarter, we think the price is still reasonable based on strong consumer interest and the business improvements made by the management team in recent years.”
2. Harley-Davidson, Inc. (NYSE: HOG)
Number of Hedge Fund Holders: 28
Harley-Davidson, Inc. (NYSE: HOG) is a recreational vehicles company based in Milwaukee, Wisconsin. It is ranked second on our list of 10 best RV and camping stocks to buy now. The stock has returned over 56.43% to investors over the course of the past year.
On July 21, Harley-Davidson, Inc. (NYSE: HOG) posted earnings for the second quarter of 2021, reporting earnings per share of $1.41, beating estimates by $0.23. The revenue over the period was around $1.53 billion, up 77% year-over-year.
At the end of the first quarter of 2021, 28 hedge funds in the database of Insider Monkey held stakes worth $823 million in Harley-Davidson, Inc. (NYSE: HOG). Of the funds tracked by Insider Monkey, Rehan Jaffar’s H Partners Management has the most valuable position in Harley-Davidson, Inc. (NYSE: HOG) as of the end of the first quarter of 2021, worth close to $337 million, comprising 30.58% of its total 13F portfolio.
On July 1, Baird kept an Outperform rating to Harley-Davidson, Inc. (NYSE: HOG) with a $50 price target. Baird argued that their dealer survey on Harley-Davidson, Inc. (NYSE: HOG) showed retail growth for the second consecutive quarter.
1. Winnebago Industries, Inc. (NYSE: WGO)
Number of Hedge Fund Holders: 30
Winnebago Industries, Inc. (NYSE: WGO) is a recreational vehicles company based in Forest City, Iowa. It is ranked first on our list of 10 best RV and camping stocks to buy now. The stock has returned over 10.33% to investors over the course of the past year.
On June 23, Winnebago Industries, Inc. (NYSE: WGO) posted earnings for the first quarter of 2021, reporting earnings per share of $2.16, beating estimates by $0.38. The revenue over the period was around $960.7 million, up 138.72% year-over-year.
At the end of the first quarter of 2021, 30 hedge funds in the database of Insider Monkey held stakes worth $441 million in Winnebago Industries, Inc. (NYSE: WGO), up from 27 the preceding quarter worth $331 million.
On June 24, Baird kept its Outperform rating on Winnebago Industries, Inc. (NYSE: WGO) with an $85 price target, noting that the industry will have stronger shipments through 2022 as the industry will fail to make a dent in its inventory shortage based on a revised outlook.
You can also take a peek at 10 Cheap Monthly Dividend Stocks to Buy Now and 21 Best Electric Cars of 2021.
