Camping World (NYSE.CWH), is a top retailer of recreational vehicle 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. A large number of RV service centres are also owned and operated by the company.
Its RV dealerships have a large inventory of new and pre-owned vehicles. This enables the company to offer RVs at a competitive price to their customers.
Camping World is able to compete with other RV dealers in order to gain a greater market share.
Lordstown Motors
The Company has formed a partnership to Lordstown Motors, an electric vehicle manufacturer, to help design, engineer and manufacture an all-electric motorhome that Camping World will sell and service at its RV shops.
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 for Your Portfolio
Camping World Holdings, NYSE:CWH is an attractive investment that offers many upsides from its current market value. The company has a solid management staff and is a reliable performer.
Insider Trading
A detailed look at insider buying and selling by a company can reveal important information about its prospects. Marcus Lemonis was a top-ranking insider for Camping World and he bought CWH shares numerous times this past year.
A strong insider buying signal can signify that the company has a positive outlook. This can also be a sign that the company's management is trying to increase shareholder value.
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 is Camping World's Chairman & CEO. He has been a long-term manager of the company, and is well versed in its past and future.
His buys can be a signal that he is confident in Camping World's near-term prospects and is taking steps to increase shareholder value.
In addition to Lemonis' insider purchases, Camping World has seen a number of other insiders buying shares in the past few months. Lemonis's son, who was involved from the beginning with Camping World, is one of these insiders.
The other is an elite investment banker, who has been a Camping World shareholder over many years. He has also invested in companies in the same industry and is a skilled investment banker who knows the intricacies of the company.
He has an impressive track record of buying shares at the right time. He has been able to do so for Kraft Foods and Pepsi, among other companies.
Camping World could see its results impacted by a weak economy and slowing RV industry. But, Camping World's balance sheet is strong and it has a diversified business plan that should make it profitable in the future.