The iconic Harley-Davidson (NYSE: HOG) brand is in issues. The enterprise has observed revenue slide for a half-ten years, and earnings have evaporated. Approaches to get into electric bikes have mostly unsuccessful, and the core company would not show any symptoms of a turnaround.
In spite of all of these issues, Harley-Davidson stock is up 82% more than the past calendar year, and investors seem to be optimistic about a turnaround. But there is fantastic purpose to feel that won’t materialize for this leisure stock.