REVG - The Worst Looks Over For THOR Industries

2024-04-24 13:24:08 ET

Summary

• THOR Industries, a company that sells RVs and recreational vehicles, has experienced weakness in the market as of late due to decreased demand.
• While painful, the picture is showing signs of improvement.
• Add on top of this how shares are priced and the company makes for an interesting prospect moving forward.

For decades, there was a belief in academia that investing was purely logical. Logical thoughts guided the direction that shares would eventually go, with all information or most information already factored into prices the moment it came out. Value investing challenges this thought process, with the idea that, at least in the short term, the market can be wrong. This is because of information asymmetry and the role that emotion can play into the investing process....

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