You're watching...
Investing in the Open Road
Details
-
Description
FBN’s Charles Payne discusses a possible investment in Winnebago.
- Duration 3:06
- Date Jan 28, 2013
You're watching...
FBN’s Charles Payne discusses a possible investment in Winnebago.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Well -- already introduced -- Connell -- Charles Payne and he is ready to make some money for you this hour making money.
On well my personal favorite and I didn't I did not -- the segment are days that -- -- -- -- -- -- -- -- in yeah let's and I didn't get to eliminate -- -- -- -- again and then -- -- years out of vacation finally when no one took -- from here to Alabama.
And I insisted on the biggest one they had -- -- crazy this thing was all over the road at a militant and I was -- in Birmingham a cop pulled me over he walked over to the car when those Saddam.
Pick a lane how happy I -- Get that he walked back to the -- -- -- I can and it's I -- yeah.
So what -- they -- -- game.
With that you know you've almost like -- -- in the stock if you look at the chart near term but longer term the stock has been -- -- 39 -- back in 2004.
It's worth chasing sometimes it's worth chasing -- -- In -- last quarter.
Their market share gains were absolutely phenomenal across the board everywhere you look at class say they gain markets here in the diesel area to gain market -- Clancy Clancy.
They gain market share everywhere across the board overall last year -- game mark.
It's generous ministry -- still number three.
But I love what's happening and I think it's given a pricing power to gross margins.
For the last quarter they reported ten point 7% from six point four year over year so why you look at -- -- you're trying to tally would miss the move and I had this sometime last year on one of these sets.
I still think the next mobile close above twenty mesa stock significantly higher you -- One of those -- -- worth chasing role of -- -- just depend on this guy I think the fundamentals have got to be there here's the thing just in the last few of the last two months of Wall Street is up their earnings consensus for this year last year for next year rather.
Not a look at Brady two cents for fiscal year thirteen before was 51 cents for fiscal year fourteen.
Look -- for a -- three B forty welcome for 63 -- having this is almost a 100% opted to Wall Street and by the way when Wall Street starts to ratchet up its earnings consensus it typically never catches up to reality.
I would look at the chart really quickly Charles how much of the price move in the stock is correlated price of gasoline because again it definitely starts going up significantly -- think that would.
Put pressure on this business.
Think it's it's they could put pressure on its -- yellow flag though that a red flagging him most of the people who were there are doing this you know bit.
They're sort of financially set you know gasoline that's not that's illegal and change change them that much by the way.
Take a look at their class a diesel.
-- to -- 365000.
Dollars that is tricked out.
That's the one big -- you gotta get next time -- I'll always he is -- I've gotten that yeah.
-- think we had to drive there you go look at that bad why aren't there that is sweet.
Take -- one -- please let me how to drive and are -- I like him to go get that just small contractors for that that'll work -- shot mr.
wanted to did you -- thank you for.
No he's had a long -- that is the lawnmower and a that you not attractive.
You've got -- this that's it limits it's the ribbons they're good at it you know all right up did not actually there isn't it when you are like wearing sandals on -- lawn mower.
Now and then take a picture yourself doing that then because as long you know holidays wreaths are.