The chart above (click to enlarge) shows the two-month returns for Harley-Davidson and Winnebago, compared to the S&P500 Index, from March 9 through today (May 7). The S&P500 Index is up by 35% since early March, but Harley Davidson is up by almost 140% (4 times the S&P500 return) and Winnebago is up by about 170% (almost 5 times the S&P500 return).
HT: Comment by LaDolceVita about Thor Industries.
Bottom Line: If the stock prices of companies like Harley-Davidson and Winnebago selling luxury, discretionary items like $35,000 motorcycles (pictured above) and $140,000 RVs (see picture above) are rebounding by +100% over a two-month period, at 4-5 times the increase in the S&P500 Index, does that suggest that the recession must be over?
HT: Comment by LaDolceVita about Thor Industries.
Post Title
→Harley-Davidson: +140%; Winnebago: +170%
Post URL
→https://manufacturing-holdings.blogspot.com/2009/05/harley-davidson-140-winnebago-170.html
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