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WGO and NOK

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  • WGO and NOK

    I know they're both completely different businesses. But... Both stocks sitting at very low comparative valuations. Both off over 40% YTD. Nokia with a 10%+ dividend right now but getting crushed in the handset market. Winnebago getting crushed because who wants buy big ticket items that consume ridiculous amounts of high priced gas in this market. Just wondering if there is a right time to get into either of these out of favor names.

  • #2
    I've read that when the RV business is strong, so too is the economy overall. Makes sense, but a stock like Winnie could be a good leading indicator of the economy in general. But I don't see much improvement in the near future.
    Brian

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    • #3
      FWIW - Nokia is on the 'good game' list. Expected to go bye bye this year.

      brands-disappear-2012-247: Personal Finance News from Yahoo! Finance


      If you're looking to short term trade WGO, I hope you got in before today's 5.5% bump.

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      • #4
        Still on the sidelines for both. Likely not to enter either.

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