|Last Price$9.93||Day Change (%)0.00%|
|Open Price$9.93||Day Change ($)0.00|
|Day Range9.93–9.93||52-Week Range9.74–9.94|
As of Thu 05/25/2017 | USD
Lithia Enters State of Pennsylvania; Baierl Auto Group Joins Lithia
The dealers are the only auto sector we cover in which all firms enjoy an economic moat.
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.
As their fundamentals improve, public auto dealers and wide-moat Mexican airport operators are worth keeping on your radar.
Glenmede manager Chris Colarik sees growth ideas in the auto and aerospace industries, while calming political headwinds could make way for the tech sector, as well.
Wear, tear, and competition will drive a comeback in this sector.