Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,829.24
    -673.21 (-1.31%)
     

  • CMC Crypto 200

    1,327.85
    -68.69 (-4.92%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Winnebago (WGO) Advances on Expanded Motorhome Capacity

Zacks Equity Research
Updated

On Oct 5, we issued an updated research report on Winnebago Industries, Inc. WGO.

Winnebago Industries, Inc. is engaged in manufacturing and selling recreation vehicles (RVs) primarily for the use in leisure travel and outdoor recreation activities. The Forest City, IA-based company has been manufacturing RVs for more than five decades now.

The company focuses on improving the quality of its motorhomes and expanding its business. The rise in demand and higher retail activity can be attributed to this uptrend. Winnebago plans to shift the production of select diesel products to the new facility by the second half of 2017. This should help in increasing the production volume of Class A gas and Class C motorhomes. Also, it is anticipated that the the new facility will help increase the production of diesel products if there is a rise in demand in the future.

Winnebago enjoys robust liquidity position and is also in a position to cover operations costs, recover fixed assets, and maintain physical capacity at current levels. The company’s towable segment is performing well, adding to revenues and earnings. It is anticipated that the towable segment will record double-digit growth rate with additional penetration of new products and further expansion of the distribution base.

In the last three months, Winnebago’s shares have outperformed the industry it belongs to. The company’s shares have increased 23.6%, while the industry has grown 22.3%.



Currently, Winnebago sports a Zacks Rank #1 (Strong Buy).

Other top-ranked stocks in the auto space are Toyota Motor Corporation TM, Volkswagen AG VLKAY and Daimler AG DDAIF. While Toyota sports a Zacks Rank #1, Volkswagen and Daimler carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Toyota has an expected long-term earnings growth rate of 7%.

Volkswagen has an expected long-term earnings growth rate of 8.9%.

Daimler has an expected long-term earnings growth rate of 2.8%.

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington’s changing course.
 
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.

See these buy recommendations now >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Toyota Motor Corp Ltd Ord (TM) : Free Stock Analysis Report
 
Daimler AG (DDAIF) : Free Stock Analysis Report
 
Volkswagen AG (VLKAY) : Free Stock Analysis Report
 
Winnebago Industries, Inc. (WGO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research