Short Case For Thor Industries, Inc. [Edit or Delete] Elevator Pitch
Thor Industries may see it's stock under pressure today. Bill Albert who is a senior editor at Barrons wrote a bearish article in this week's edition detailing the fact that THO has been selling more recreational vehicles to its dealers than the dealers have been selling to its customers. This phenomenon has been going on now for over a year. Mr. Albert also cites Mark Roberts who has recommended shorting THO. Mr. Roberts firm has proved correct in 80% of its sell recommendations since 1995 according to Bill Albert.
I think it is possible that THO will be under pressure today and follow in HLF's footsteps because the Street is very interested in short stories right now and Monday will be a light trading day causing more downside volatility for a stock that has a negative Barron's story around its neck.
My guess is that they want in! This stock will double in 2013. There is no reason this stock should not flirt with their all time highs. These analysts are not looking out for the readers , but are looking to move a stock in their favor and at 37 I am sure they are sorry they were not in for the last year, or 2. Shorting is not a good idea here. This stock is going to skyrocket when they quit talking about the rich people with disposable income being the only people who buy RV's. As soon as they figure out how many baby boomers are broke and an RV has become a legitimate place to live for these people, all
100, 000, 000 of them. They will not be able to make the rv's quick enough. Read this again in 12 months, when Thor is closing in on 70 and the analyst are screaming buy, buy, buy.
If the baby boomer are broke how they afford an RV then? Gas is alot of money and will get more expensive, wear and tear on the vehicle, got to park it some place, that cost money, need electricity, cleanout the toliet. Alot of cost in an RV.