Harley-Davidson: Extremely Undervalued And Heavily Shorted

Harley-Davidson, Inc. ( HOG ) is an iconic motorcycle manufacturer facing tariff impact, secular decline, an aging customer-base and declining market shares. The company's stock is heavily shorted and, based on our analysis, extremely undervalued, even for a company inWe write about all kinds of investments, as long as their price is reasonable. Long-only equity and sometimes debt. We focus on value names with strong down-side protection, as we are making heavily concentrated investments without much care f ...