HOG - Harley-Davidson: The Earnings Plunge Is A Chance To Buy This American Legend For Pig Feed

2024-04-26 03:38:40 ET

Summary

• Harley-Davidson is a legendary motorcycle brand with a controlling interest in LiveWire, an all-electric motorcycle company.
• The stock has experienced a pullback, presenting a potential buying opportunity.
• The CEO, Jochen Zeitz, has a reputation for turnaround situations and is expected to continue making progress for the company.

Harley-Davidson, Inc. ( HOG ) is a legendary motorcycle brand and, for many people, and an icon that represents America. This company has been in business since 1903. In addition to the Harley-Davidson brand, which is known for having a very memorable exhaust note, this company owns a controlling interest in LiveWire Motorcycles ( LVWR ), which are all-electric. LiveWire has been producing losses , but it is growing rapidly. Harley-Davidson shares have experienced a pullback from recent highs, so this could be an ideal buy the dip opportunity (as long as we avoid a recession)....

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