HOG - Is Harley-Davidson Stock a Buy?
The motorcycle business hasn't exactly been booming for Harley-Davidson (NYSE: HOG) over the past decade, and the COVID-19 pandemic isn't going to help. The company has been trying to invest in turning around its business and growing revenue again, and now consumer discretionary spending on things like motorcycles may drop like a rock.
Not only is consumer spending a problem, but the market may also simply be moving away from Harley-Davidson's products long-term. That may make it an unattractive stock to buy today.
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