Been intrigued by the performance of Camping World Holdings Inc. these past few months and have kept a keen eye on the stock. Fundamentals seem to be strong with impressive 20% Y/Y revenue increase and nearly 4% increase in sales. CEO Marcus Lemonis even bought shares out of his own pocket recently yet the stock continues to tank.
Two weeks ago I decided to invest at the $21 mark as I figured the floor would hit near $20 due to what I considered to be institutional sell offs. Much to my dismay, $CWH is the worst overall performing stock in my portfolio (currently down 7.13%). Been dollar-cost averaging since initial purchase but still no floor in sight. RSI dipped below 30 this morning so I decided to go in again.
My question to you all: what is your opinion on the stock and does anyone else out there see a crazy undervalued stock primed for a trend reversal or is this a dying stock?
Submitted June 01, 2018 at 08:49PM by dbonescapone https://ift.tt/2JmIFA5
