When I last wrote about Winnebago Industries (NYSE:WGO), my thesis was the company appeared ready to run because pent-up demand from the recession. I understated the demand for the company's products, as the stock took off from its close on June 24, 2013 of $19.72 per share, to skyrocket as high as $32.17 on December 9, 2013. An earnings miss reported in December kept it from soaring higher.
After the miss, the share price dropped and has been trading in a $4.00 range; from about $24.00 per share to $28.00 per share. It dropped below $24.00 for a couple of days in early February 2014.
In this article we'll look at how a number of changes in the...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|