Harley Davidson: industry outlook

Company Business Harley-Davidson is the leading factor in the U.S. whale cycle marketplace with a 45 share market per centum. HDI holds a 28 portion world market dish out in that class. Summary and Recommendation ·Shares of this Pershing Recommended make Selection weakened as a result of counsel taking a conservative stance in formulation 2004 doing volumes. HDIs position is dilapidated to the possibility that the start-up of a sassy plant and the introduction of sensitive models could hurt production. It is not due to demand for its products, which remains truehearted. The profound news is that over the age management has been successful in surpassing its original production goals. We believe that could occur coterminous year and therefore see to it the stock as peculiarly attractive. Our 12-month target price of $62 suggests potential capital sense of taste of 30 percent. ·Recently inform third cast cyberspace were substantially above some(prenominal) Street and our expectations. HDI chance oned market share in all of its markets. direct leverage and a richer incorporate boosted margins, and its monetary subsidiary had other solid quarter. This years third quarter earnings were favorably touched by foreign fill in and were less affected by model changeover cost/disruptions than last year. ·Heavyweight motorcycle registrations in the U.S. grew 12 percent in 2002 despite cushiony economic conditions. HDIs registrations grew 18 percent in 2002.

Through the eldest eight months of 2003, industry registrations rise 4.5 percent while for the basic months HDIs r egistrations grew 12.9 percent. Industry gro! wth in the mid single-digit area is visualize for 2003 with growth accelerating in 2004 to the senior high school single-digit range. HDI is projected to continue to gain share. ·HDI is the industry leader with strong brand and product recognition. worry is focused on developing new products or amend existing ones, providing marketing/financial support to its dealers/customers/clubs, and in developing/supporting... If you want to get a full essay, order it on our website: BestEssayCheap.com

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