September sales numbers are pretty good after 4 consecutive months of decline. Florida, a big Harley market, was very strong last month after being very weak during several years . Thanks to aggressive promotions inventory is clearing out, prices are stabilizing and 2011 models are well received both by the traditional baby boomer clientele and are more relevant to the youth. In 2010 Harley-Davidson shares have roared to life, fluctuating between $21.12 and $36.10 and because of the company intense restructuring Wall Street analysts have raised several times their expectations. Year to date HOG stock is up 24.64%.
5 Responses to “Harley-Davidson Sales Update”
- 1 Pingback on Oct 6th, 2010 at 10:16 am
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Frankly speaking, I don’t think that the shares of Harley will continue to fall down further. To my mind we can expect the recovery and even them getting more expensive by the end of the year.
Read again what Cyril wrote. Shares are already up 24.64% this year.
Just a straight forward comment.
Don’t get to excited on what the stock is doing. First off RBC Capitol made a few phone calls and it was plus responses coming from dealers. How many dealers have consolidated merged or went out of business lately?
How does this affect you and I , it doesn’t. Who does it affect ? The quick handed investors only as a tool to make a few quick bucks before the stock drops again and who wins when the stock drops ? Good guess. Why would RBC capitol spend time and money for people to make phone calls to dealers for any period of time. So the stock rises people make a few quick bucks, no harm no foul.
All to complicated for the average Joe.
The question is who pays these people to do this time consuming work. RBC Capitol gets paid somehow.
What short memories we have on analyst and rating company’s. Aren’t they the same people that put us in the financial trouble that we are in having us believe that banks and lending institutions were stronger than they were. ” AIG ” Or Eagle something or the other.
Let`s cheer for HD and hope for better times..