Camping World (NYSE.CWH), is a top retailer of recreational vehicle and related products. Its ancillary business provides services to support a growing RV consumer base.
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 carry a large selection of new and used vehicles. This allows the company offer RVs at competitive prices to their customers.
This allows Camping World to compete against other RV dealers in the industry and gain a greater market share.
Lordstown Motors
The Company has a partnership with electric vehicle manufacturer Lordstown Motors, which sells batteries and will help to design, engineer, and manufacture an all-electric motor home that Camping World is planning to sell and service at its RV stores.
Camping World is currently the sole national brand offering all electric motor homes that can both be sold and serviced by RV dealers.
A+ Stocks in Your Portfolio
Because of its upside potential, investors should consider Camping World Holdings NYSE:CWH as an investment option. It is also a reliable performer with a solid management team.
Insider Trading Activity
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 could indicate that the company is optimistic. This could also signify that the company's management has taken steps to increase shareholder wealth.
CWH stock was purchased 13 times by Chairman and Chief Executive Officer Lemonis this year. This boosted his position from 447.423 shares in 2013 to 517.096 shares.
Since 2006 Lemonis has been Camping World's CEO and Chairman. He has been the CEO and Chairman of Camping World since 2006.
His buying of shares can indicate that Camping World is optimistic about the near-term prospects. He is also taking steps to increase shareholder wealth.
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 an elite investment banker, who has been a Camping World shareholder over many years. He is also an experienced investor and has made investments in other companies in the sector.
His track record is impressive in buying shares at the right times. He has been able to do so for Kraft Foods and Pepsi, among other companies.
Camping World's performance could be affected this year by a weaker economy and a slower RV industry. Camping World has a strong balance and a diverse business model, which should allow it to remain profitable and strong for the future.