Camping World (NYSE:CWH) is a leading retailer of recreational vehicles and related products. Its ancillary businesses support a growing community of RV-owners.
Reserveamerica
Over 170 SuperCenters have been established by the company. They are primarily focused on selling RVs and outdoor lifestyle products, as well as a wide range of Good Sam offerings. In addition, the company operates a large number of RV service centers.
Its RV dealerships have a large inventory of new and pre-owned vehicles. The company can offer RVs at a fair price to its customers.
Camping World can compete with other RV dealers and capture 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.
Camping World is the only national brand to offer all-electric motor homes. These can be purchased and serviced at its RV dealers.
A+ Stocks for your Portfolio
Camping World Holdings (NYSE.CWH), a potential investment, is worth considering because of the upside it presents compared to its current price. The company is also a dependable performer and has a solid management team.
Insider Trading Activity
In-depth analysis of insider buying/selling can reveal crucial information about the prospects for a company. Marcus Lemonis, a top-ranking insider at Camping World, purchased CWH shares many times this year.
A strong insider buy can be a sign that the company's outlook is optimistic. This could also signify that the company's management has taken steps to increase shareholder wealth.
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 served as Chairman and Chief Executive Officer of Camping World. He has been the Chairman and CEO of Camping World since 2006.
His buying can signal his confidence in Camping World's future prospects and indicate that he is working to increase shareholder values.
Camping World has seen other insiders buy shares over the last few months, in addition to Lemonis’ insider purchases. One of these insiders is Lemonis' son, who has been involved with Camping World from the beginning.
The other is a top-tier banker who has been an investor in Camping World for years. He has invested in other companies within the industry as well and is a skilled investor who understands the business.
He has a proven track record of buying shares at just the right time. He has done so for companies like Pepsi and Kraft Foods, among others.
Camping World's results could be affected by a weak economy or a slowing 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.