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Which Recreational Vehicle Stock is a Better Choice? By StockNews

by Mike Robinson

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© Reuters. Winnebago or Thor? Which recreational vehicle stock is better?

Since people began to enjoy camping and other offbeat travels, recreational vehicles have seen a significant increase in popularity. The popularity of RVs as a way to travel on your own has increased with the introduction of social distancing requirements. These trends have been a boon for RV stocks Winnebago, WGO and Thor (THO). What stock do you think is the best? Learn more. Winnebago Industries, Inc., or NYSE:, manufactures and markets recreation vehicles (RVs), as well as marine products, that are primarily used for recreational travel and outdoor recreation. However, Thor Industries NYSE:, Inc. is also involved in the design, manufacture, and sale of RVs, accessories, and parts.

Demand for RVs reached record highs in the first half of the year, mainly driven by people’s active interest in camping and offbeat recreational travels. The U.S. tax code treats RVs like second homes and gives owners tax advantages on purchasing RV loans. This is why RV sales are increasing.

Last year’s pandemic drove demand for rental RVs and RVs. RVs are a convenient way to travel, offering a safe and secure environment. RV sales are predicted to grow as people return to outdoor recreation and travel, and the vaccine progresses quickly. It is predicted that the market for RVs will reach $48 Billion by 2026. The CAGR in 2021-2026 was 7%. The RV stock WGO and the THO are both likely to benefit.

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