Opinions
Jim Cramer - Mad Money
Polaris Industries
PII-N
HOLD
Nov 09, 2020
$89.190
Stock price when the opinion was issued
household goods
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makes snowmobiles, boasts and military vehicles. The pandemic has lifted their sales because their vehicles allow the only safe vacation tot he great outdoors. They reported a blowout quarter two months ago, but the stock has pulled back 17% in August from its all-time highs. It just announced a 10-year partnership with Zero Motorcycles to develop e-offroad vehicles and e-snowmobiles. It's down 12% in the past month so could be a buying opportunity.
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They make snowmobiles. It popped 9% last week, but lost that in today's Pfizer vaccine news. Trades at only 12x earnings. Stay-at-home stocks like this were hammered today, but selling this may be premature.