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AutoNation, Inc.

  • 3 Auto Retail Stocks That Have Taken Advantage Of Industry Recovery

    By Damian Illia - June 14, 2013 | Tickers: AN, LAD, PAG

    In a recuperating vehicle retailing industry, some dealers have stood out for a particular feature that has made them more profitable than the average. Offering an unusual size, geographic base or customer target, Lithia Motors (NYSE: LAD), Penske Automotive Group (NYSE: PAG) and AutoNation (NYSE: AN) present compelling growth prospects. Let's take a closer look and try decide which one stands as the best investment opportunity.

    Sub-Urban Kings: Lithia more »

  • Should You Profit from the Millennials' Malaise?

    By AnnaLisa Kraft - May 22, 2013 | Tickers: AN, CAR, KMX, F, GM

    Maybe it all started going south for the Millennials when the ramp up in college costs drove their generation to take on debt. Maybe it was a perfect storm of a recession, tight job market, and tighter credit, not to mention a financial crisis in which universities' endowments lost money big time, but the end result is the same. A generation that can't afford to buy new cars or more »

  • This Dealership is Outgrowing the Competition

    By Ted Cooper - May 20, 2013 | Tickers: AN, KMX, SAH

    The slow-but-upward climb of the United States economy has lifted domestic automobile sales along with the auto industry's top line. The recent increase in auto sales is likely due to consumer deleveraging during the Great Recession; with cleaner balance sheets and rising income, consumers can finally afford to buy new cars again.

    Although General Motors, Ford, and even Tesla Motors will undoubtedly benefit from the increase in auto sales more »

  • Will Ricky Sandler’s Hot Streak Continue with This Automotive Stock?

    By Meena Krishnamsetty - May 6, 2013 | Tickers: ABG, AN, LAD, PAG, SAH

    Eminence Capital, managed by Ricky Sandler, is coming off a year of excellent returns; ValueWalk named it as one of the 30 best performing hedge funds out of those it tracks (and many of the funds that performed better were focused on mortgages or real estate). Now, the fund has reported a position of 1.7 million shares in Asbury Automotive (NYSE: ABG), a $1.2 billion market cap auto more »

  • Another Way to Profit From Higher Car Sales

    By Austin Higgins - April 22, 2013 | Tickers: AN, KMX, PAG

    As car buying is expected to increase this year, investors can profit from the increased profits of vehicle manufacturers. Another ancillary industry that will see growth in earnings this year is automotive retailers and dealers. Here are just a few to consider.

    CarMax (NYSE: KMX)

    CarMax is a retailer of used vehicles in the United States. It operates 119 used car retail locations across the country. It also offers financing more »

  • Another Way to Profit from Higher Car Sales

    By Austin Higgins - April 17, 2013 | Tickers: AN, KMX, PAG

    As car buying is expected to increase this year, investors can profit from the increased profits of vehicle manufacturers. Another ancillary industry that will see growth in earnings this year is automotive retailers and dealers. Here are just a few to consider.

    CarMax Inc. (NYSE: KMX)

    CarMax is a retailer of used vehicles in the United States. It operates 119 used car retail locations across the country. It also offers more »

  • 3 Reasons to Buy This Auto Retailer

    By Piyush Arora - April 15, 2013 | Tickers: AN, KMX, PAG

    Auto sales in the U.S. are approaching their six year highs, and automobile manufacturers are finally breathing a sigh of relief. Thanks to the low interest rate environment and increasing personal disposable income in the economy, auto recovery seems genuine with robust growth prospects for 2013. To play the recovery, investors can invest in automobile or tire manufacturers, but both the industries involve significant operational risks.

    But, auto retailers more »

  • This Car Store Could Ride High

    By Marshall Hargrave - April 11, 2013 | Tickers: ABG, AN, KMX

    The nation's largest auto retailer has been down over 8% the past month. AutoNation (NYSE: AN) has an impressive brand and market mix that should help push the company perform better than peers on the back of a rebounding economy and auto industry. 

    What's so impressive about AutoNation?

    AutoNation has three segments, including domestic (32% of revenue), import (50%), and premium luxury (18%). The domestic segment includes stores more »

  • Buy AutoNation on Continued Strength in Consumer Spending and Pent-Up Demand

    By Brendan O'Boyle - April 2, 2013 | Tickers: AAP, AN, AZO, KMX, PAG

    As the economic recovery continues to chug along it seems likely that pent-up demand will benefit certain sectors of the economy. Specifically, consumers may be ready to consider buying larger items that they postponed purchasing due to economic concerns. With the current rebound in the stock and housing markets, many consumers are feeling wealthier and more secure, which may translate into increased consumer spending.

    While the U.S. auto market more »

  • Don’t Be Fooled by Sonic Automotive’s Delayed SEC Filing

    By Jacob Wolinsky - March 22, 2013 | Tickers: AN, PAG, SAH

    In a surprising move, Sonic Automotive (NYSE: SAH) filed an application with the Securities and Exchange Commission seeking more time for filing its annual report. Usually, companies follow this route in the event of material impact of an acquisition or other similar development on the finances. It was thus natural for the market to get unnerved by the notice of late filing and the stock lost as much as 8 more »

  • Would You Buy A Used Car From This Company?

    By AnnaLisa Kraft - March 20, 2013 | Tickers: AN, KMX, COST

    If there's anything I hate more than filling out paperwork, waiting for hours, and dealing with aggressive salespeople, it's buying a car, which manages to combine all three.

    Would you like a test drive?

    Several companies have been trying to win my kind of business: that of people who hate the nonsense that traditionally goes with buying a car--especially that feeling that you've been taken for a more »

  • Mega-Investor Murray Stahl’s Top Picks for 2013

    By Meena Krishnamsetty - March 5, 2013 | Tickers: AN, BAM, HHC, JAH, LMCA

    At Insider Monkey, we track 450 of the world's most elite hedge funds. By focusing on their best investments, we've developed strategies that have generated market-beating returns, historically speaking. For more than a decade, our small-cap strategy beat the market by 18% in our back tests, and since sharing these picks with the public six months ago, it has outpaced the S&P 500 by more than 20 more »

  • The Changing Face of the Used Car Biz

    By Robert Hanley - March 5, 2013 | Tickers: CRMT, AN, KMX

    The car business rebounded back to normalcy in 2012, thanks to artificially low interest rates and pent-up demand from consumers with aging vehicles.  The sales rebound has improved the fortunes of the leading manufacturers, including General Motors and Ford, which reported a combined 6 million in vehicle unit sales and $11.8 billion in net profits in 2012.  However, with rising prices for new models leading to affordability concerns, the more »

  • This Car Company Has an Enviable Moat

    By Jordan Wathen - February 27, 2013 | Tickers: AN, KMX

    Now defunct Circuit City will never know what it really gave up when it sold off CarMax (NYSE: KMX) in 2002. Since that time CarMax has exploded with a customer-friendly approach to used car shopping that makes it a leader in the space.

    CarMax's growing moat

    The car shopping experience at CarMax is unlike any other. First, prices are not negotiable, removing all of the time-consuming negotiation that turns more »

  • 3 Auto Retail Stocks to Buy on Earnings Growth

    By Masam Abbas - February 20, 2013 | Tickers: AN, KMX, PBY

    US car sales (shown by the US SAAR) have been electrifying in 2012. Despite a bearish outlook on the economy, sales surged to historic levels. In this case, there are some auto retail players that I want to highlight that will best benefit from a surge in car sales.

    Pep Boys (NYSE: PBY): Despite bearish sentiment from the Street, which reflects longer-term structural issues, Pep Boys has a decent setup more »

  • This Car Dealership Has a Long Runway for Growth

    By Ted Cooper - February 19, 2013 | Tickers: AN, KMX, GM, SAH, TRK

    According to Reuters, U.S. auto sales increased 14% last month in a continuation of an impressive recovery since the financial crisis crippled the industry in 2008. There is a lot of pent-up demand for new cars and trucks as consumers have largely held off buying new cars since the recession. As a result, the boom in auto sales is expected to continue for some time.

    The obvious beneficiaries of more »

  • This Used Car Dealer Had a Board Member Buy In

    By Meena Krishnamsetty - February 12, 2013 | Tickers: AN, KMX, GPI, PAG, SAH

    According to a filing with the SEC, Rakesh Gangwal, who sits on the Board of Directors at CarMax (NYSE: KMX), purchased 30,000 shares of the company’s stock on February 7 at an average price of $39.43 per share. CarMax is a used car retailer operating in the United States with a market capitalization of just over $9 billion. Insider activity is one of the factors we track more »

  • Ken Heebner’s Latest Stock Picks

    By Meena Krishnamsetty - January 22, 2013 | Tickers: AN, F, GOOG, PHM, WHR

    Famed fund manager Ken Heebner of Capital Growth Management may be best known for his outstanding returns generated for investors (in excess of 290% from 2000-2010). Despite the extremely volatile market conditions during that time period, Heebner has kept his investing hand steady and sought solace in some of the biggest financial names, like Citigroup and Morgan Stanley. In his latest 13F filing from Sept. 30, 2012, Heebner took on more »

  • New, Used or Just Cruising, Copart Looks Good

    By Mark Walker - January 17, 2013 | Tickers: AN, KMX, CPRT, PAG

    Buckle Up and Hit the Gas
    Investors like companies that are poised to perform regardless of the economic environment.  While performance is certainly not guaranteed, Copart, Inc.'s (NASDAQ: CPRT) business model and vision, coupled with its aggressive share repurchase program, presents an attractive investment opportunity for investors.  As a best in class company in its sector, investors may consider this stock a core holding.

    Successful Model Puts Pedal to more »

  • This Stock Shows Steady Returns

    By Anupriya Maheshwari - December 29, 2012 | Tickers: AN, KMX, PAG

    CarMax (NYSE: KMX) the largest used car dealership chain announced its phenomenal third quarter ended results with soaring revenue. This was the second straight quarter of growth in revenue for the company and thus share prices reached a record high bringing good news for investors this Christmas. With reduced purchasing power and an economic slowdown in full swing, sale of used cars have an upper hand over brand new vehicles more »

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