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The post Top Performing Camping Stocks by Sarah Edwards appeared first on Benzinga. Visit Benzinga to get more great content like this.
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Camping allows you to unplug and take a break from the stresses of day-to-day life. But did you know camping stocks can be great for investors?
The number of people who go camping is steadily increasing. That just might mean greater returns for investors in the near future and maybe even long-term. If you want to learn how to invest in camping stocks, this guide is for you.
Quick Look at the Top Performing Camping Stocks:
| Symbol | Company | % Change | Price | Dividend Yield | Invest |
|---|---|---|---|---|---|
| YETI | YETI Holdings |
+ 0.06% | $33.20 | N/A | Buy stock |
| CWH | Camping World Holdings |
+ 0% | $15.79 | 0.5 / 0.03% | Buy stock |
| WGO | Winnebago Industries |
+ 0% | $33.44 | 1.4 / 0.04% | Buy stock |
| REVG | REV Group |
+ 0% | $56.67 | 0.24 / 0% | Buy stock |
| PII | Polaris |
+ 0% | $58.13 | 2.68 / 0.05% | Buy stock |
| COLM | Columbia Sportswear |
+ 0% | $52.30 | 1.2 / 0.02% | Buy stock |
| JOUT | Johnson Outdoors |
+ 0% | $40.39 | 1.32 / 0.03% | Buy stock |
| THO | Thor Industries |
+ 0% | $103.69 | 2 / 0.02% | Buy stock |
| DKS | Dick's Sporting Goods |
+ 0.75% | $223.89 | 4.85 / 0.02% | Buy stock |
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Deep Dive
Here are several camping stocks to consider.
1. YETI Holdings Inc. (NYSE: YETI)
–
26.61 – 45.25
81.22M
0.00K/2.05M
2.70B
81.22M
/0%
0.000
72.05M
You probably know YETI as a manufacturer of quality travel cups and coolers. It hasn’t been publicly traded for very long — its IPO was in 2018. But thanks to an impressive profit margin, it should definitely be on your radar.
2. Camping World Holdings Inc. (NYSE: CWH)
–
11.17 – 25.97
62.65M
0.00K/2.18M
989.22M
62.65M
0.5/0.0317%
0.000
59.73M
Camping World is probably the most famous camping stock, and the corporation also makes RVs. Between 2021 and 2022, its annual revenue grew by $53.3 million, and it shows no signs of slowing. Camping World is continually opening new store locations and purchasing new companies to add to its brand family.
3. Winnebago Industries Inc. (NYSE: WGO)
–
28 – 65.65
28.03M
0.00K/58.25K
937.34M
28.03M
1.4/0.0419%
0.000
22.32M
Winnebago has been able to maintain profitability despite RV sales slumping recently. It’s also expanded into the boating industry, making it more stable. Winnebago is well-established, so most experts regard it as a stable option with good growth potential.
4. REV Group Inc. (NYSE: REVG)
–
25.76 – 64.47
48.80M
0.00K/78.45K
2.77B
48.80M
0.24/0.0042%
10.850
36.48M
REV Group is another RV manufacturer, although it is a smaller one than Winnebago. It makes buses and RVs. If you want to invest in a smaller company with great potential for long-term growth, this up-and-coming stock could be one to keep in mind.
5. Polaris Inc. (NYSE: PII)
–
30.92 – 84.92
56.22M
0.00K/1.44M
3.27B
56.22M
2.68/0.0461%
0.000
40.57M
Polaris makes more than just RVs — the company offers several different kinds of recreational vehicles for use on the road, off the road and in the water. As more people become interested in the outdoors, Polaris’s earnings per share have grown, rising by 37% every year over the past three years.
6. Columbia Sportswear Co. (NASDAQ: COLM)
–
48.105 – 92.88
55.17M
0.06K/69.56K
2.89B
55.17M
1.2/0.0229%
30.850
28.84M
Columbia’s sales and stock took a major hit during the pandemic. But before and after, it’s shown promising growth.
7. Johnson Outdoors Inc. (NASDAQ: JOUT)
–
21.33 – 42.88
10.33M
0.00K/58.78K
417.13M
10.33M
1.32/0.0327%
0.000
3.08M
If you have a high risk tolerance, JOUT might be the right camping stock for you. Because it makes gear for camping, diving, fishing and boating, it’s one of the most diverse companies on the list.
JOUT is poised for growth, especially since camping and boating have grown in popularity. However, because it’s a small-cap stock, JOUT can be volatile.
8. Thor Industries Inc. (NYSE: THO)
–
63.155 – 118.85
52.63M
0.00K/73.79K
5.46B
52.63M
2/0.0193%
41.320
44.87M
Thor is a big name in the RV industry. It’s the massive company behind Airstream, Heartland RV and other big-name RV brands. Like most other established companies, its profits are steady and growing, offering moderate dividends. THO can be a solid investment, even if you have a low risk tolerance.
9. Dick’s Sporting Goods Inc. (NYSE: DKS)
–
166.37 – 254.595
89.68M
0.00K/1.63M
20.08B
89.68M
4.85/0.0218%
32.270
45.61M
Of all the stocks on the list, Dick’s probably sells the widest range of equipment, which gives it an advantage over some companies. Its willingness to adapt to the digital world might be the most important factor in its growth. Share prices have steadily risen, and it looks like they’ll continue to do so.
Pros
In 2014, 71.5 million people in the U.S. camped at least once. In 2021, there were approximately 93.8 million campers.
Clearly, more people are discovering the outdoors. That can mean more profits for camping companies and rapid growth for camping stocks.
It also helps that camping companies are much more diverse than you might think. Most of them manufacture a wide range of outdoor gear, and some sell boating and sports equipment as well.
Where to Buy
Once you set your sights on a particular camping stock, finding a trustworthy broker is the next step. If you’re not sure how to find one, here are some Benzinga-recommended brokers to check out
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Interactive Brokers is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. You can buy assets from all around the world from the comfort of your home or office with access to over 150 global markets. Options, futures, forex and fund trading are also available, and most traders won’t pay a commission on any purchase or sale.
IBKR is geared primarily toward experienced traders and investors but now with the availability of free trades with IBKR Lite, casual traders can also acclimate to IBKR’s offerings.
Best For
- Access to international markets
- Active traders
- Detailed mobile app that makes trading simple
- Wide range of available account types and tradeable assets
- IB SmartRouting provides significant price improvement vs. industry
- Fractional trading allows investing regardless of share price
- Industry’s lowest margin rates
- Earn more by lending your fuly-paid shares
- Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Plus500 is an online CFD broker focusing on contracts for difference (CFDs). CFDs are similar to binary options in the U.S. where traders take all-or-nothing speculation on the prices of certain securities like indices, commodities or currencies. While not legal to trade in the U.S., CFDs are legal in many jurisdictions across the globe and Plus500 offers a wide array of tradable markets using these instruments.
Plus500 doesn’t charge commission and only profits off the spread, which is the difference between the buy and sell price of a specific security. But Plus500 is not a broker for beginners — the education materials are sparse and CFDs are risky derivatives capable of sapping out all of an investor’s capital. Only trade these instruments if you understand how they operate and the risks involved with buying them.
Best For
- Traders looking for a smooth mobile experience
- Great mobile app
- Low spreads and commissions
- Unlimited demo account
- Only derivatives are available
- Not open to U.S. residents
Public is the only investing platform that lets you trade stocks, ETFs, crypto, bonds, options and alternative assets—like fine art and collectibles—all in one place. Public also provides access to custom company metrics, live shows about the markets, and insights from a community of millions of investors, creators, and analysts.
Today, Public provides more ways to create a diversified portfolio than nearly any other online broker. Members can engage in sophisticated investing strategies and access a wealth of investing insights—from company-specific analysis to live audio shows and town hall-style Q&As. In addition, Public offers a premium membership tier with unique company KPIs, detailed performance metrics, and institutional-grade research.
Best For
- Stock and ETF investors
- Crypto investors
- Investors looking to diversify with alternative assets or bonds and options
- Commission-free stock and ETF trading
- Fractional share investing
- Advanced data, tools, and insights with Public Premium
- You can’t transfer crypto to another wallet
- No mutual funds or precious metals
- At this time, only offers individual brokerage accounts and not IRAs
Robinhood is a popular trading platform known for its commission-free trades and user-friendly mobile app. Ideal for novice investors, Robinhood makes it easy to buy and sell stocks, ETFs and cryptocurrencies. The platform offers a straightforward, no-frills experience, making it accessible for users new to investing. With features like fractional shares and a sleek interface, Robinhood lowers the barriers to entry for investing, allowing users to start with just a few dollars. It lacks the advanced tools and research options that more experienced investors might seek. Overall, Robinhood is a great choice for beginners seeking a simple way to invest.
Best For
- Beginners looking for simplicity
- Mobile-first investors
- Commission-free trades
- User-friendly mobile app
- Instant double
- Cash management
- Access to cryptocurrencies
- Limited research tools
- No mutual funds available
- Basic customer support options
TradeZero is an online broker and free stock trading platform that provides everything you need to successfully share and trade, including round-the-clock customer support. TradeZero provides four different trading state-of-the-art software programs with its services, a locator for sourcing shares for shorting, commission-free trades, and real-time streaming, to name a few of the features promoted on their website. The software is a unique and (potentially) affordable option for anyone interested in stock trading.
Best For
- Traders seeking high transparency and mobility in a stock trading program
- Those attracted to commission-free trades
- Those seeking a free version of a high-quality trading program
- 24/7 live customer support
- Uses ZeroWeb technology, a powerful level 2 online platform with direct market access
- Mobile app allows users to access stocks and trade in real-time while on the go
- Enforces Pattern Day Trading restrictions (accounts need to maintain a daily equity balance of at least $25k)
- Mobile app could offer more features
How to Choose
Camping stocks can be a great low-effort investment, but that doesn’t mean you shouldn’t do your homework. Here are some things to look at.
Market Analysis
Expert analysis can be helpful when investing, but doing your own research can help you truly understand the market and your investments. Start by looking at a few points for each stock you consider, including:
- The stock’s trendline over time
- If and when it pays dividends
- Points of support and resistance and when they happen
If you need some guidance, there are plenty of available resources to help you get started.
Financial Performance
When you look at the financial performance of camping stocks, it can be helpful to know important ratios like price-to-earnings (P/E), earnings per share (EPS), debt-to-equity (D/E) and price-to-sales (P/S).
Brand Reputation and Customer Loyalty
If a camping company has a devoted following, it will probably do better than others if there’s a market downturn. Keeping track of news and events in the camping world can help give you an idea of how customers see a company.
Competitive Landscape
Make sure you have a solid understanding of how a brand stacks up against the competition before you buy a stock. For example, Thor Industries is the largest RV manufacturer in the world, and it sells several brands. As a result, it could be more stable than other RV stocks.
Frequently Asked Questions
Are any RV companies publicly traded?
Many RV companies are public, including Thor Industries, Camping World Holdings and Winnebago Industries.
Is Camping World a good stock?
It can be. It’s one of the most prominent camping and RV companies, and it’s expanding.
Is Bass Pro Shops publicly traded?
Bass Pro Shops is a privately held company, so you can’t buy shares on the stock market.
Best Camping Stocks Methodology
The stocks listed above were chosen based on a number of different factors, such as:
- Performance over time
- How the stock has performed recently
- How diverse the company’s products are
- How investors generally feel about how the stock is doing
- The stock’s P/E ratio
- The stock’s EPS
It’s wise to do your own research before buying.
The post Top Performing Camping Stocks by Sarah Edwards appeared first on Benzinga. Visit Benzinga to get more great content like this.
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