My HOG got a little fatter

The last few months have made it hard to find some attractive stock buys. However, the pullback the last few days have brought some stocks back down a bit. I just purchased more shares of Harley-Davidson, HOG. Harley is the most recognizable motorcycle brand there is, everyone knows what a Harley-Davidson motorcycle is, down to the sound the bike makes.

I originally purchased shares around 18 months ago when the stock was sitting around $48. It made this purchase a bit harder, as sometimes I have trouble pulling the trigger and purchasing stocks that I already own with nice gains. But, after a nice runup to over $75, the stock has come back down around the $60 mark. An attractive P/E of 15.5 or so and a 1.6% dividend make the current price still attractive. Of course I would rather be able to buy more at the $48 price, but I think at $60, HOG still is a quality, proven company that offers upside.

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