LAD - Lithia Motors Continues To Perform But It May Be Time To Sell
(Source)
Lithia Motors (LAD) has grown into one of the top automotive dealership groups in the United States. Through acquisitions, it has led the way to become a dominant player in its industry and continues to expand further. As the company has been on a buying spree, its earnings power has expanded. While this has come at the expense of increased debt, Lithia is still able to cover its obligations. The problem, of course, with an operator in the automotive sector is the cyclical nature of the business. Should the economy