Stockchase Opinions

The Panic-Proof Portfolio (Stockchase Research) Camping World Holdings CWH-N PAST TOP PICK Apr 15, 2021

(A Top Pick Nov 10/20, Up 57.7%)Stockchase Research Editor: Michael O'Reilly We are recommending trailing up the stop to $31.50. This would all but guarantee a minimum investment return of 35%, including the previous recommendation to cover 50%.
$40.475

Stock price when the opinion was issued

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly This outdoor RV retailer was an early pandemic favorite, but its shares have slumped in the past three months, making this a good entry level. Recently released Q3 earnings were up 21% over the year and gross margins rose over 9%. EPS of $1.58 beat expectations by $0.41. Management raised its guidance for Q4 above the high end of the previous range. It trades at only 12 times PE, and only 7 times next year's expected earnings. The CEO themselves invested over $2 million at $29-$33 back in Aug and Sep. JP Morgan upgraded them in Sep to Overweight with a $40 target. It pays a great dividend backed by a 16% payout ratio. We would trade this with an $18 stop-loss, and upside target of $38. Yield 3.8% (Analysts’ price target is $38.00)

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 10/20, Up 48.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CWH has achieved its $38 objective. To remain disciplined, we recommend covering 50% and trailing up the stop $26 (just above the original recommending acquisition level). This will all but ensure a minimum return over 24%.
BUY
It reports tomorrow morning. It's rallied 69% year to date. He expects great numbers, but this may be another case of a company delivering a great quarter, but the shares don't move or sell. Trades at a cheap 9x earnings.
BUY
Analyst Larry Williams's strategy for the Memorial Day trade: buy the day before Memorial Day and sell shares 10-15 days later. Earn 3.3% if you sell it 15 days later. Their outlook looks bullish this year, after delivering an amazing quarter. Also works as a long-term investment.
DON'T BUY

The stock has had a big move off the bottom. THOR is better in the camping space.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 10/20, Up 70.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CWH is progressing well. We recommend trailing up the stop (from $31.50) to $50.00. Along with the previous recommendation to cover half the position, this would all but guarantee a net investment return of 42% if triggered.
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 10/20, Up 58.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CWH is progressing well. We now recommend trailing the stop to $37.50. If triggered, this would all but guarantee a net investment return of 47%, considering our recommendation to previously cover half the position.
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 10/20, Up 46.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CWH has triggered its stop at $37.50. To remain disciplined, we recommend covering the position at this time. Combined with the previous recommendation to cover half, this results in a net investment return of 47%.
PARTIAL BUY
It will get hurt because of rising oil/gas prices, but he likes it. Don't short it.