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Harley-Davidson (HOG) to Launch Models & Technology Upgrades
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Harley-Davidson, Inc. (HOG - Free Report) has provided the details of its 2019 model launches. This includes introducing a power cruiser model and various other technological enhancements. This is in sync with the company’s strategy rollout in July, when it emphasized on launching lighter motorcycles and bolstering dealer networks.
This Milwaukee, WI-based motorcycle manufacturer is coming out with the FXDR 114 model, equipped with an extremely powerful engine and accessories as well as advanced technology. The FXDR 114 includes the powerful Milwaukee-Eight 114 engine, with light-weight aluminum and composite components to enhance its performance. The limited edition Custom Vehicle Operations (CVO) models are also in the pipeline.
In fact, Harley-Davidson’s innovation is imbued in all of the products that the company is introducing in 2019. It is making long-term investments to expand its product portfolio and enhance technology. By 2027, the company aims to launch 100 motorcycles. Beginning in 2020, the company plans to launch motorcycles under middle-weight (500cc to 1250cc) and light-weight (250cc to 500cc) categories, except for its heavy-weight category.
Over the past three months, shares of Harley-Davidson have outperformed the industry it belongs to. Over this time frame, shares of the company have increased 2.9%, whereas the industry decreased 0.5%.
Zacks Rank & Key Picks
Harley-Davidson currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the auto space are Fox Factory Holding Corporation (FOXF - Free Report) , Honda Motor Co., Ltd. (HMC - Free Report) and AB Volvo (VLVLY - Free Report) . While Fox Factory sports a Zacks Rank #1 (Strong Buy), both Honda and Volvo carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Fox Factory has an expected long-term growth rate of 16.8%. Over a year, shares of the company have gained 68.4%.
Honda has an expected long-term growth rate of 3%. Shares of the company have risen 9.3% in the past year.
AB Volvo has an expected long-term growth rate of 15%. Over the past two years, shares of the company have gained 57.2%.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Harley-Davidson (HOG) to Launch Models & Technology Upgrades
Harley-Davidson, Inc. (HOG - Free Report) has provided the details of its 2019 model launches. This includes introducing a power cruiser model and various other technological enhancements. This is in sync with the company’s strategy rollout in July, when it emphasized on launching lighter motorcycles and bolstering dealer networks.
This Milwaukee, WI-based motorcycle manufacturer is coming out with the FXDR 114 model, equipped with an extremely powerful engine and accessories as well as advanced technology. The FXDR 114 includes the powerful Milwaukee-Eight 114 engine, with light-weight aluminum and composite components to enhance its performance. The limited edition Custom Vehicle Operations (CVO) models are also in the pipeline.
In fact, Harley-Davidson’s innovation is imbued in all of the products that the company is introducing in 2019. It is making long-term investments to expand its product portfolio and enhance technology. By 2027, the company aims to launch 100 motorcycles. Beginning in 2020, the company plans to launch motorcycles under middle-weight (500cc to 1250cc) and light-weight (250cc to 500cc) categories, except for its heavy-weight category.
Over the past three months, shares of Harley-Davidson have outperformed the industry it belongs to. Over this time frame, shares of the company have increased 2.9%, whereas the industry decreased 0.5%.
Zacks Rank & Key Picks
Harley-Davidson currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the auto space are Fox Factory Holding Corporation (FOXF - Free Report) , Honda Motor Co., Ltd. (HMC - Free Report) and AB Volvo (VLVLY - Free Report) . While Fox Factory sports a Zacks Rank #1 (Strong Buy), both Honda and Volvo carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Fox Factory has an expected long-term growth rate of 16.8%. Over a year, shares of the company have gained 68.4%.
Honda has an expected long-term growth rate of 3%. Shares of the company have risen 9.3% in the past year.
AB Volvo has an expected long-term growth rate of 15%. Over the past two years, shares of the company have gained 57.2%.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>