This week’s Long Idea, Thor Industries (THO), has expanded through quality acquisitions, yet remains undervalued by the market at large. With a history of profit growth and beneficial trends in the recreational vehicle industry, Thor Industries makes an excellent addition to one’s portfolio.
The All Cap Blend style ranks third out of the twelve fund styles as detailed in our 2Q16 Style Ratings. It gets our Neutral rating.
I recommend investors avoid Delta Airlines (DAL). I think the stock could see significant downward pressure as more investors realize how the company is propping up its earnings with relatively aggressive accounting for its pension and postretirement plan (“pensions”), which are already seriously underfunded.