5 Best RV and Camping Stocks to Buy Now

In this article, we will be looking at the 5 best RV and camping stocks to buy now. If you want to see our detailed analysis of these stocks, you can go directly to the 10 Best RV and Camping Stocks to Buy Now.

5. Thor Industries, Inc. (NYSE: THO)

Number of Hedge Fund Holders: 21

Thor Industries, Inc. (NYSE: THO) is a recreational vehicles company based in Elkhart, Indiana. It is ranked fifth on our list of 10 best RV and camping stocks to buy now. The stock has returned over 0.81% to investors over the course of the past year.

On June 8, Thor Industries, Inc. (NYSE: THO) posted earnings for the first quarter of 2021, reporting earnings per share of $3.29, beating estimates by $0.96. The revenue over the period was around $3.46 billion, up 105.70% year-over-year.

At the end of the first quarter of 2021, 21 hedge funds in the database of Insider Monkey held stakes worth $184 million in Thor Industries, Inc. (NYSE: THO). Of the funds tracked by Insider Monkey, Alexander Mitchell’s Scopus Asset Management initiated a new stake in Thor Industries, Inc. (NYSE: THO) in the first quarter of 2021, worth close to $50 million, comprising 0.63% of its total 13F portfolio. 

On July 1, Citi upgraded Thor Industries, Inc. (NYSE: THO) to Buy from Neutral with a $150 price target, noting that outdoor recreation trends “remain robust” in Q2 after Q1 results.