Sell: Thor Industries, Inc. (THO)
Updated from Wall Street’s Best Investments 824, December 18, 2019
Shares of recreational vehicle maker Thor Industries surged to over $109 as the company has reduced its excess inventory and the pandemic is boosting demand for RVs. The shares are fully valued on optimistic 2022 earnings. We moved THO shares to a SELL.
George Putnam III, The Turnaround Letter, turnaroundletter.com, 617-573-9550, July 2020