LAD - Only Falling Consumer Sentiment Can Stop Lithia Motors
Lithia Motors (LAD) just released its third quarter earnings. I have been looking forward to these numbers as this auto dealer is a great stock to track the domestic consumer. Unfortunately, because consumer sentiment has peaked, I have ignored this stock for way too long. The good news is that the company does not seem to suffer from slower consumer sentiment as third quarter earnings were up big and way above expectations. This is exactly what this market needs. A strong nationwide car dealership with a focus on new cars that seems to do very