CARG - CarGurus: With Traffic Strong Patient Investors Can Buy The Dip

Though most internet stocks are enjoying one of the biggest heyday years in history so far in 2020, CarGurus (CARG) is one notable exception. This used-car site, which is consumers' most-visited site for researching used vehicles before purchasing, has been hurt by closures and failures of the car dealerships that pay to advertise on its website.

Shares of CarGurus have cratered ~30% this year, falling sharply behind ~6% gains for the S&P 500 and far stronger gains for most other internet stocks.

Data by YCharts

But whereas most of the market sees a

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