Topic: How To Invest

Q: Dear Pat: I would appreciate your opinion on Camping World Holdings, as it trades at a very low P/E. Many thanks.

Article Excerpt

A: Camping World Holdings, $17.72, symbol CWH on New York (Shares outstanding: 87.7 million; Market cap: $1.5 billion; www.campingworld.com), offers a variety of services to recreational vehicle (RV) owners and enthusiasts through its two brands: Camping World and Good Sam. Camping World operates more than 150 RV dealerships (selling new and used towable and motorhomes) and service locations in 36 states. Good Sam provides insurance programs, financing, and emergency roadside services. The company first sold shares to the public and began trading on the New York exchange in October 2016 at $22. In May 2017, Camping World was the successful bidder for certain assets of bankrupt Gander Mountain, a big chain of outdoor specialty stores in the U.S. Since the acquisition, Camping World has negotiated leases for a number of the old Gander Mountain locations in key RV markets where it feels it is now underrepresented. Since the beginning of 2018, Camping World has also opened 60 Gander Mountain stores rebranded as Gander Outdoors…