|Last Price$58.08||Day Change (%)-2.94%|
|Open Price$58.88||Day Change ($)-1.76|
|Day Range57.78–59.29||52-Week Range46.16–67.50|
As of Tue 9/1/2015 5:36:00 PM | USD
AutoNation Announces Reported Retail New Vehicle Unit Sales of 29,875 in July 2015, Up 9% versus July 2014
TrueCar Founder, CEO Painter to Step Down
California and Florida housing market declines will hurt AutoNation in the short-term.
Buffett will increase the competition for acquisitions, but there are still plenty of opportunities for the publicly traded dealers in this fragmented market, writes Morningstar’s David Whiston.
The corporate bond market will probably struggle to return much above break-even in 2014.
As credit spreads have tightened on a nearly continuous trend over the past year, they are becoming richly valued relative to their historical average.
The dealers are the only auto sector we cover in which all firms enjoy an economic moat.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Equal-weighting has merit, but make sure you measure with the proper benchmark.
Slowing global industrial activity presents compelling long-term investment opportunities among a handful of companies.