Camping World is now rated AAA in the Long term rating of Gambiste. For the first time Camping World ($CWH) is top rated on gambiste. The AAA rating is the best rating on gambiste.com
Gambiste rates stocks based on the volume and the quality of their tweets in Twitter. The platform has complex algorithms to evaluate the quality of these tweets to identify the most tweeted stocks in Twitter. Gambiste publishes every day two types of rating: the long term rating and the daily most tweeted stocks.
Since today, Camping World is at the top of the Long term Gambiste rating. This means that a lot of Investors are now speaking about Camping World.
Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. Camping World became a listed company in 2016. It raised at the time 251 millions in an IPO. CWH offers an extensive assortment of RVs, RV and camping gear, RV maintenance and repair, other outdoor and active sports products, and the industry’s broadest and deepest range of services, protection plans, products and resources. Camping World is indeed the leader in the camping space in the US.
Camping World is quoted on the NYSE. The close price last Friday 08/05 is 14.00$ for a market capitalization of 1.2 billion. The 52 range is 3.40 – 16.97. The lowest price is recent. The stock declined at the beginning of the COVID-19 crisis. Investors had an opportunity to buy some shares of $CWH at a big discount. However it seems that the camping sector is a winner in the new coronavirus era. The American are reassessing their options for the summer. You need to find some fun holidays where you go away and remain isolated with the family. Camping in a recreational vehicle seems to be like a great option in the Coronavirus era.
Last week, Camping World Holdings Inc. reported first-quarter revenue decreased 3.5 percent to $1.03 billion primarily as a result of the company’s strategic shift in 2019 and the impact of the COVID-19 pandemic. That crushed Wall Street’s expectations by $53.5 million. The stock jumped 29% intraday.
Marcus Lemonis, chairman and CEO of Camping World Holdings, said, “Overall, we are pleased with our first-quarter results, especially considering the impact of the pandemic at the end of the quarter. With our current expense structure, positioning of our inventory and what we consider to be sufficient liquidity and working capital, we believe we are well-positioned to take advantage of the positive trends we are seeing in our business and to grow market share.
The gambiste rating is not at investment advice. This rating helps you identify the hottest stock on twitter.com with specifics algorithms.
Personally, I would think about investing into the stock. I think that the RVs sector can be a place to be in the Coronavirus era. Guns could be also interesting, I saw that Ruger was recently doing well and Camping World has a certain exposure to the gun business. My main hesitation is CSR & ESG ratings regarding camping world. I want to invest in businesses with positive impact on the society. They are easier to hold long term because you are less expose to controversies. Secondly, it could be too late. The stock already jumped. I am a directional guy so I am not too worry about this. I think that the trend is very important. Something may have started with $CWH.
What’s your take on Camping World ?