Thor Industries (THO) Surged in Q2 Following the Strong Results

Alluvium Asset Management, an asset management company, released its “Conventum – Alluvium Global Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. It appears that the market continues to rise on news of new tariff deals. In the quarter, the Fund was up 8.5% in USD terms, 3.1% in AUD terms, but down 0.1% in EUR terms. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Conventum – Alluvium Global Fund highlighted stocks such as THOR Industries, Inc. (NYSE:THO). THOR Industries, Inc. (NYSE:THO) designs, manufactures, and sells recreational vehicles (RVs) and related parts and accessories. The one-month return of THOR Industries, Inc. (NYSE:THO) was 20.03%, and its shares gained 2.18% of their value over the last 52 weeks. On August 28, 2025, THOR Industries, Inc. (NYSE:THO) stock closed at $109.60 per share, with a market capitalization of $5.794 billion.

Conventum – Alluvium Global Fund stated the following regarding THOR Industries, Inc. (NYSE:THO) in its second quarter 2025 investor letter:

“THOR Industries, Inc. (NYSE:THO) (up 18.1%), the recreational vehicle producer, released third quarter results which highlighted strong margins and cash f low, and management reassuringly maintained guidance. It also announced reauthorization of its share buyback, and that it had recently bought in the order of USD 25m. Thor operates in a cyclical industry which has been at the bottom of the cycle for a prolonged period. Our valuation is largely predicated on “mid-cycle” maintainable owner’s earnings. Thor trades at 10.9 times that level and offers a 9.1% free cash flow yield. We do not see it as expensive.”

THOR Industries, Inc. (NYSE:THO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held THOR Industries, Inc. (NYSE:THO) at the end of the second quarter, which was 28 in the previous quarter. While we acknowledge the risk and potential of THOR Industries, Inc. (NYSE:THO) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than THOR Industries, Inc. (NYSE:THO) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered THOR Industries, Inc. (NYSE:THO) and shared the list of best RV and camping stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.