Monaco Coach Corp (NASDAQOTH:MCOAQ.PK)
CAPS Rating:
A manufacturer of premium recreational vehicles including Class A, B and C motor coaches as well as towable recreational vehicles. The Company also develops and sells luxury motorcoach resort facilities.
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Demographics: 55-64 year olds will increase 45% in the next 10 years. That's who buys RVs. Interest rates have leveled off. Fuel prices aren't as important as believed, since the typical RV is driven fewer than 5000 miles a year. This industry is in terrible shape. I think it's due for a turnaround for the above reasons. I think MNC is well run.
Sorry, JJVA219, I believe you are incorrect. I wouldn't count on this stock to outperform or even to perform, at least not in the next year. You'd be better off putting your money elsewhere.