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StockNews.com
StockNews.com
Business
Pragya Pandey

Is Polaris Industries a Good Recreational Vehicle Stock to Own in 2022?

The global leader in powersports, Polaris Inc. (PII) in Medina, Minn., has a wide ranging, high-quality product line-up that includes Polaris RANGER, RZR and Polaris GENERAL Sportsman, Indian Motorcycle, and Slingshot. The company has benefited from the increasing demand for recreational vehicles and the shortage of inventory across the industry.

However, the stock has slumped 17.9% in price over the past nine months and 12.3% over the past six months to close yesterday's trading session at $115.02.

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