There are day trades, swing trades and trades that are months in the making. Ever since Polaris Industries Inc. (PII) printed a knockout Q1 in mid-April, IPI has been delving deeper into the continued growth prospects for this formidable maker of all-terrain vehicles. In our opinion, PII is about to pull the throttle on the gas and rev up to new all-time highs, even amidst this difficult market terrain.
For six years in a row, PII has increased its revenues sequentially from Q1 to Q2, with an average gain of 17%. Current top-line estimates are calling for a sequential increase of just 1.6% between Q1 and Q2 of this year. These estimates seem too conservative, even after we account for the introduction of Polaris’ hot new RANGER RZR XP 900 recreational vehicle in Q1.
Read More: Polaris Industries’ Growth Story Makes for an Impressive All-Terrain Stock
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