LAD - AutoNation And Lithia Motors Are 2 Compelling Buys In Auto Retail
- New vehicle sales volumes are declining because of price increases, pushing more people to used cars.
- AN and LAD have solid used car strategies that are focused on growing their market share profitably.
- AN and LAD are also aggressively pursuing opportunities in the high margin finance and insurance segment.
- AN and LAD both have strong margins that have improved, despite their different growth and capital allocation strategies.
- The shares of both leading auto retailers are cheap and look primed to outperform in the long-term.
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AutoNation And Lithia Motors Are 2 Compelling Buys In Auto Retail