Thor Thunders Ahead With Record Results
Recreational vehicles have been red-hot lately, and Thor Industries (NYSE: THO) has made a name for itself among stock market investors with huge share-price returns. Until recently, many analysts thought the aging baby boom generation would eventually lead to the end of demand for RVs, but millennials have turned out in large numbers to rejuvenate the industry and drive a new wave of popularity.
Coming into Wednesday's fiscal fourth-quarter financial report, Thor investors were looking to see a continuation of the favorable growth trends that the company has enjoyed for quite a while. Thor was able to deliver on its full promise, posting record results and foreseeing a solid future. Let's take a closer look at Thor Industries and how it has done lately.
Image source: Thor Industries.
Source: Fool.com
Thor Industries Inc. Stock
Our community is currently high on Thor Industries Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 108 € shows a slightly positive potential of 14.48% compared to the current price of 94.34 € for Thor Industries Inc..
