Year of the RV?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 8 June 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
Thor Industries, maker of recreational vehicles, hits a 52-week high after strong quarterly results. Motley Fool contributor Dan Kline analyzes the opportunity for Thor, as well as the historic challenges of the RV market. Plus, we discuss Dunkin’ Brands joining Taco Bell, Domino’s and Papa John’s in looking to hire tens of thousands of workers, as well as Sirius XM’s plans to raise $1 billion in a bond offering.
Transcript
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| 0:00.0 | It's Monday, June 8th. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hill with me today. |
| 0:07.0 | Our man in Florida, it's Dan Klein. |
| 0:09.5 | Dan, good to see you. |
| 0:10.5 | Oh, hey there, Chris, it's 89 and muggy today, not the most pleasant day ever in Florida. |
| 0:16.8 | Good to be indoors doing a podcast then. |
| 0:19.4 | It is in my tin box that gets slowly hotter as the show goes on. So less than ideal conditions but I will |
| 0:25.5 | soldier through. We're building a studio here at my co-working space so eventually better |
| 0:29.8 | working conditions ahead. All right we'll try to make this efficient then. |
| 0:34.2 | We've got some entertainment news, |
| 0:35.4 | we've got some restaurant news, |
| 0:36.8 | but we're gonna start with RVs. |
| 0:39.3 | Shares of Thor Industries up 7% this morning hitting a 52 week high because recreational |
| 0:46.8 | vehicles are hot right now and this was interesting because this was a |
| 0:50.0 | third quarter report that they really crushed expectations on. |
| 0:54.0 | Yeah, Chris, I had to admit I hadn't really heard of this company. |
| 0:57.0 | I had no idea who made RVs before all of this and I will tell you I've been looking |
| 1:01.6 | a little bit at purchasing an R. Not a new one it seems like a really foolish purchase new when basically once their their purchase people seem to sell them pretty quickly at 50 or 60% off if not much more. But this is a company that's |
| 1:15.3 | taken advantage of the fact that we can't vacation like we normally do. So for people who've been |
| 1:20.2 | stuck in their house, the idea of taking an RV |
| 1:22.8 | and going somewhere anywhere, and being with your family, |
... |
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