Harman’s Growth Has Officially Slowed
Harmon (HAR) is a great company with exciting technology, but profit growth is only around 10% right now, and that’s not enough for me.
Harmon (HAR) is a great company with exciting technology, but profit growth is only around 10% right now, and that’s not enough for me.
Harman’s (HAR) stock has been in a free-fall over fear that it will lose market share within the connected car. But at 12x earnings the stock seems like a real bargain just as profit growth is expected to accelerate to 26% and 29% the next 2 qtrs.
Audio specialist Harmon’s (HAR) stock decline is head scratching. I feel HAR should be a lot higher.
Harmon’s (HAR) profits rose 10% last qtr, but would have been up 28% if it not for strong dollar hurting foreign exchange rates.
A strong US dollar has killed Harmon’s (HAR) momentum for now, but HAR is still great long term.
The future is now as I add tech-savvy Harmon (HAR) to the Growth Portfolio and Aggressive Growth Portfolio,