Harley-Davidson: High on the Hog

Shares hit a 52-week high, but can innovations and international interest make up for a drop in the number of boomers with sagging Harley tattoos?

Believe it or not, Wall Street just hosted a motorcycle rally. No, not that kind. On Aug. 18, shares of Harley-Davidson (HOG) vroomed to a 52-week high of $59.49, a 16.4% gain for the year when adjusted for dividends. The Milwaukee-based motorcycle maker's stock may still have open road ahead of it, though investors, like bikers, should expect to feel some headwinds.

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