Camping World (NYSE.CWH) has been a leader in the retail of recreational vehicles and related products. Its ancillary businesses provide services to support a growing ecosystem of RV consumers.
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. In addition, the company operates a large number of RV service centers.
Its RV dealerships offer a wide range of pre-owned and brand new vehicles. This allows the company offer RVs at competitive prices to their customers.
Camping World can now compete with other RV dealers within the industry to win a greater market share.
Lordstown Motors
The Company has a partnership arrangement with Lordstown Motors which sells batteries. They will also help design, engineer, manufacture and sell an all electric motor home that Camping World will be selling and servicing at its RV stores.
Camping World is currently the only national brand that offers all-electric motorhomes that can be sold or serviced by its RV dealers.
A+ Stocks in 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 a solid manager team and is a reliable performer.
Insider Trading
An in-depth look at a company's insider buying and selling can reveal key information about the company's prospects. For example, Camping World's top-tier insider, Marcus Lemonis, bought CWH shares several times this year.
A strong insider buy can be a sign that the company's outlook is optimistic. It could also signal that the company's leadership is taking steps to increase shareholder values.
CWH stock was purchased by Chairman and CEO Lemonis 13 times this year. This increased his position from 447.423 shares 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 witnessed other insiders purchase shares over the past few months in addition to Lemonis' insider buying. Lemonis's son, who was involved from the beginning with Camping World, is one of these insiders.
The other is a top-tier banker who has been an investor in Camping World for years. He is also an experienced investor and has made investments in other companies in the sector.
He has a strong track record in purchasing shares at the right moment. He has bought shares at the right time for companies such as Kraft Foods or Pepsi.
Camping World could see its results impacted by a weak economy and slowing RV industry. The company's strong balance sheet and diverse business model should ensure it remains profitable and strong over the next few years.