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Can Polaris Keep Moving Higher?

http://www.fool.com/investing/general/2012/09/18/can-polaris-keep-moving-higher.aspx

Travis Hoium
September 18, 2012

Shares of Polaris (NYSE: PII  ) hit a 52-week high on Friday. Let's look at how it got here and whether clear skies are ahead.

How it got here
Stocks have moved higher recently on hope that a stimulus would boost the economy, but some stocks are moving higher because of fundamental strength. Polaris is one of those companies and this year the company's financials have continued to get better.

In the second quarter, Polaris saw sales grow by 24% to $755.4 million and net income rose 43% to $69.8 million. Both were record results and every segment of the business helped drive growth. The acquisition of Indian has certainly helped the on-road segment double sales in the past year.

This shows the contrast between companies selling to businesses, or "toys" to consumers with disposable income, and the struggles of companies trying to sell to general consumers. As you can see below, Arctic Cat (Nasdaq: ACAT  ) has also experienced success on the market over the past five years, while more mainstream Harley-Dav