LAD - Lithia Motors: 5 Years Of 20% Growth Is Expected To Slow
Introduction
Lithia Motors, Inc. (LAD) operates automotive franchises which sell new and used vehicles in the United States. The company has a history of solid growth, but analysts have forecast slower growth heading into 2020. The stock is reasonably cheap at present but its earnings and stock price are prone to plunging in an economic recession.
The stock price has been stuck in a trading range for the last four years, but in the long run, I would expect Lithia Motors to trade to new highs as long as its earnings continue to