PII - Polaris: Down 35% Since Last Year It's Time To Buy
2024-04-13 08:10:38 ET
Summary
- Polaris, Inc. is a potential buying opportunity as it has leading brands and an undervalued stock with a solid dividend yield.
- The stock is currently trading below its highs and is at a key support level, indicating a potential rebound.
- Earnings estimates for Polaris are positive, with the stock trading at a low multiple compared to the market.
Polaris, Inc. ( PII ) is a maker of lots of fun recreational products including snowmobiles, Indian Motorcycles, boats, and off-road vehicles. This stock has hit a rough patch lately, but it looks like a potential buying opportunity for a number of reasons. This company has leading brands and the stock appears undervalued. It offers a solid dividend yield which continues to grow over time. Polaris has increased the dividend for 28 years in a row and it completed $179 million in share buybacks last year....
Polaris: Down 35% Since Last Year, It's Time To Buy