-
Posted by
Two Blokes May 18 -
Filed in
Stock
-
1 view
Camping World is a moderate buy, hinging on a likely interest rate decline over the next 12-24 months to further reduce expenses. Good Sam, the high-margin, capital-light membership/insurance segment, is the company's crown jewel, generating nearly half of the EBITDA. Risks include persistent high interest rates, ongoing consumer trade-downs, and an expensive RV segment valuation relative to industry peers.
