I've initiated a position in Harley-Davidson. This is the first time I've owned this company, though I've watched it for years. As usual, there are near-term issues weighing on the stock, but I am happy to wait for their resolution.
I will have additional analysis in future posts, but this purchase is again about buying an amazing company on the cheap. As Morningstar notes in their analysis, how many companies do you know where its consumers are so loyal that they tattoo the company's logo on themselves (Nike is the only other I can think of)?
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I agree with u. Though Harley is now in a little trouble, I think it will overcome it. I meet many friends on a site called bikerkiss. We usually talk about Harley together. Many of us own Harley stock. And we think it is a promising stock.
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