Why Winnebago Will Make a Ton of Money Off Millennials

RVs aren't just for the retirees anymore. Here's how to play a surge in millennial interest in experiential goods, as laid out by TheStreet's Jim Cramer.
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Towable trailers are back en vogue.

That's great news for Winnebago Industries Inc. (WGO) - Get Report . Although the recreational vehicle manufacturer doesn't own Thor Industries Inc.'s (THO) - Get Report Airstream, the industry leader, it recently acquired towable recreational vehicle maker Grand Design for about $521 million.

"The millennials like a tow more than they like the big bus, and they're [Winnebago] finally where they should be," TheStreet's Jim Cramer said of Winnebago at TheStreet's Financial Success Strategies teach in on Oct. 28.

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