Winnebago Industries Inc., Forest City, Iowa, is one of the top performing stocks in terms of price gain over the last 30 days, notes Learning Markets, an online investment advisory service. The stock has posted a sizable 20.27% gain in price in the last month and closed Tuesday (March 30) at $14.48. Over the same time the S&P 500 index has returned around 4.9%.
Often price gains are driven by gapping in the stock’s price due to an announcement or corporate event. Other times, the stock has seen sustained upward price growth over the period. So be sure to always do some basic technical analysis to determine what’s really causing the price action to make a determination whether you expect it to continue or not.
And always compare to other stocks in the industry. Winnebago competes for investor dollars in the Recreational Vehicle industry. While Winnebago has been a top performer, industry peer Marine Products Corp. has seen a -5.23% stock price gain (loss) over the same time, while another peer, Polaris Industries, Inc. saw a 11.77% gain.
Thor Industries Inc., Jackson Center, Ohio, is one of the largest stocks in the industry in terms of market cap, and over the same period has returned -12.15% in price.
The RV industry as a whole, saw a 8.84% gain. So Winnebago has outperformed its industry as a whole 129.30% during its big run-up!