Online used-car dealer Carvana (ticker: CVNA) missed fourth-quarter earnings and revenue expectations and announced plans to cut about $1 billion in costs over the next six months while improving cust...
Tag: Motor Vehicle Dealing
George Soros Snapped Up Tesla, Peloton, Crypto Stocks. What He Dumped.
Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter Sor...
Tesla Raised Model Y Prices. Why a Used One May Still Cost More.
Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Are high car prices the new normal? If you’re waiting to buy a car, stand firm, experts say—it may pay off.
The roller coaster economic ride that began with the emergence of COVID-19 in early 2020 has reshaped how car buying works. Will it ever get back to what we might call “normal?” Brian Finkelmeyer, sen...
AMD Stock Should Benefit From Next-Generation Computer Chips
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...
Royal Caribbean Stock Could Rise 35%. How It Beat Other Cruise Lines With its Recovery.
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Paccar, Deere, and 10 More Companies That Raised Their Stock Dividends This Week
Text size Paccar said it will boost its regular dividend to 25 cents a share. Dreamstime Carrier Global, Deere , Zoetis , and Paccar were among the many large U.S. companies that declared dividend inc...
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...
What the Stock Market and the Midterm Elections Have Common.
Investing and politics go together about as well as mango chutney and burned hair, and we prefer to focus on the stocks and leave the pontificating about the state of the nation to the Beltway pundits...
Carvana’s Earnings Crash Spurs Bond Selloff
Carvana Co. ’s bonds are touching all-time lows, spotlighting investors’ concerns about the used-car seller’s long-term trajectory as it burns cash and faces rising borrowing costs. Carvana’s long-ter...
5 Dividend Stocks to Beat Inflation and Rising Interest Rates
Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well abov...
Auto Makers Expect Car Sales to Defy Economic Gloom
Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...
20 income-building stocks that numbers say may become elite Dividend Aristocrats
Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years. Now it is time for a fo...