Harley-Davidson: The Margin Reset Could Rip The Bear Case Apart (NYSE:HOG)
· seekingalpha.com
HOG is priced like the margin collapse is permanent, yet Q1 retail sales rose 8% and dealer inventory fell 22%, signaling demand may have stopped bleeding.
Since my last Harley-Davidson ( HOG ) analysis , the stock has gained 8.5% in price. I own a small 3% of NAV position as a contrarian turnaround investment. But...