Investors in automotive stocks had a horrible time in 2022. After a painful year, investors likely could use some new car ideas, and should also know what to avoid. Rising interest rates, supply chain...
Tag: Lithia Motors
As Carvana Plunges, Consider These 5 Car Dealer Stocks
It was a bad week for Carvana —and a bad week for used-car dealers. But some auto-dealer stocks might still be worth buying. After falling almost 40% this past week, Carvana (ticker: CVNA) is off an i...
Temporary, Or ‘New Normal?’ Naturally, Dealers Prefer The Latter
A man browsing at a dealership in Alhambra, Calif. AFP via Getty Images It’s well documented the nation’s auto dealers have low supply and high demand working in their favor — but that’s not all deale...