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Is Harley-Davidson Stock a Buy?


Harley-Davidson (NYSE: HOG) was in a precarious position before the coronavirus pandemic hit in the spring of 2020. And the pandemic hasn't helped business in the least. 

Not only was production shut down because of COVID-19, but Harley-Davidson may also see full-year demand fall even further than it has in previous years. High unemployment isn't likely to put consumers in the mood to spend on a consumer discretionary device like a motorcycle, and that slower spending could last for a while. 

Image source: Getty Images.

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Source Fool.com

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