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Follow This 'Prophet' to the RV Promised Land

Investors in the booming RV industry could have been forgiven for daydreaming about the open road ahead just before the wheels came off.

As of the beginning of 2018, shares of the two big U.S. recreational vehicle manufacturers, Winnebago Industries Inc. and Thor Industries Inc., had returned 179% and 168% over the past two years, respectively. Leading retailer Camping World Holdings Inc. had doubled in price since its 2016 debut. Consumer confidence, demographics and the “hip factor” that had drawn younger people into the…


WSJ.com: Markets

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