5 Best RV and Camping Stocks to Buy Now

2. Winnebago Industries, Inc. (NYSE:WGO)

Number of Hedge Fund Holders: 20

Winnebago Industries, Inc. (NYSE:WGO) is an American motorhome manufacturer. Moreover, the company has recently decided to take a bite out of the marine industry market share. It acquired Chris-Craft Corporation in 2018 and Barletta Pontoon Boats in 2021. Winnebago Industries, Inc. (NYSE:WGO) has become the fifth largest pontoon boat manufacturer with the Barletta acquisition.

As of November 1, Winnebago Industries, Inc. (NYSE:WGO) is trading at an earnings multiple of 5.1. The company’s current PE ratio is significantly below its five-year average of 13.97, which provides ample buying opportunities for investors.

Winnebago Industries, Inc. (NYSE:WGO) is one of the best RV stocks because of its focus on shareholder returns. In mid-August, the company increased its dividend by 50% to $0.27, bringing its 3-year dividend CAGR to 27%. Furthermore, Winnebago Industries, Inc. (NYSE:WGO)’s board of directors approved a $350 million share repurchase program after the depletion of the previous repurchase program of $200 million.