CARG - 1 Under-the-Radar Growth Stock to Buy in March
Among the topics on consumers' minds over the past several months has been the increase in prices of new and used cars. With the semiconductor shortage limiting new car manufacturing, reduced supply has increased car prices for consumers. This trend naturally led to a rise in used car prices as well.
Poised to help both car buyers and dealers navigate these difficult times is CarGurus (NASDAQ: CARG) . Their name may not be top of mind for most consumers, but the company has been quietly putting up impressive results quarter after quarter. With a recent shift in its business model, CarGurus has strengthened its core business while expanding its market footprint.
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1 Under-the-Radar Growth Stock to Buy in March