6 Short Ideas for This Summer

By Steve Morris, Guest Editor We have identified stocks plagued by long and short-term concerns that are underperforming their peers. Here is my analysis: Winnebago Industries (WGO): The economy is on its back from the recession in recent years and many people across the world are unable to afford their house or have an upside-down mortgage on one. Winnebago is a company that makes three different classes of motor homes that are considered a luxury. The company is likely to suffer greatly. Sales and revenue may come up short for Winnebago. Because its products thrive when consumers have excess cash, it is easy to see why this company has struggled recently, and could even have a few more hard years ahead of it. Winnebago is currently trading around $11.25 after dropping drastically from over $30 dollars a share, pre-recession; and Winnebago is sporting a current price to earnings ratio of 19. Another negative for Winnebago is the fact that the company has gone from a consistent dividend-yielder to one that hasn’t issued a dividend in three years. Winnebago’s reputation as a dividend stalwart is tarnished.To continue reading, click here….