Technically, this stock is part of the Mobile Homes & RVs Industry in the Capital Goods Sector. Such a narrow stock market business definition is misleading for investors in this case. The stock shows its inherent value when we consider it as a service provider of better-value vacations.
The company has creatively focused on Florida, California, and Nevada. This places its products in the heartland of resorts and the outdoors. The management has developed a broad range of offerings to meet most customer needs.
The company has vehicles which can be towed, as well as motor coaches. It also has a useful joint venture to make diesel chassis, which gives the company a sound technical platform to mount marketing initiatives. The latter comes in the form of ingenious interior designs. Customers can enjoy many of the familiar comforts of home even as they explore the Great Outdoors, and spend quality time at famous resorts.
Reliable quality is a hallmark of this company. Kitchen, bath, and entertainment equipment all bear the finest brand names. This commitment extends under the hoods of vehicles, with top quality engines and transmission systems.
The company has its own resorts to complement its versatile and luxurious vehicles. The resorts are fully equipped with vacation amenities, including golf courses and swimming pools.
Demand for the good-value vacations offered by this company, by way of recreational vehicles and resorts, are set to grow. The Payout Ratio over the last four quarters has been 59.89, and Earnings per Share have more than quadrupled annually during the Most Recent Quarter.
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