RV Strength Keeps Lifting Camping World Holdings
One of the most surprising trends lately has been the resurgence in interest in recreational vehicles. Younger travelers are seeing the value proposition of building in transportation and accommodations in the same unit, and the RV lifestyle is one that industry retail-giant Camping World Holdings (NYSE: CWH) has tapped into quite well. Investors have also gravitated to the profit potential in the newly public stock, which has soared since its IPO.
Coming into Thursday's second-quarter financial report, Camping World investors wanted to see the ongoing positive effects of industry strength, and the company more than delivered on that front with substantial growth in sales and earnings. Let's look more closely at Camping World Holdings and what its latest results say about the RV retailer's future.
Image source: Camping World Holdings.
Source: Fool.com
Camping World Holdings Inc Stock
We see a rather positive sentiment for Camping World Holdings Inc with 12 Buy predictions and 1 Sell predictions.
With a target price of 26 € there is a positive potential of 23.11% for Camping World Holdings Inc compared to the current price of 21.12 €.