Harley-Davidson (HOG) stock is down over 25% in 2025, losing 70% of its value since 2006. Meanwhile, Polaris (PII) is up 40% this year. Despite consumer confidence hitting record lows, Harley-Davidson’s fundamentals remain strong with increased sales revenue and global shipments.

Harley-Davidson’s financial services business went asset light by selling receivables to KKR & Co. (KKR) and Pimco, unlocking $1.25 billion in cash. This deal provides secure funding for growth and reduces credit risk, although profits will now come primarily from servicing fees.

Historically, December and January are weak months for HOG stock. The chance of a negative return in December is 50/50, and 62.5% in January. Consider waiting until later in January to buy, or even into February, especially with Q4 2025 results coming in early February. Aggressive investors may sell puts for income.

Read more at Barchart: Down 8% in December, Investors Should Wait Until Late January to Buy Harley-Davidson