VRM - RumbleON: Interesting Powersports Platform But Stock Too Expensive

• RumbleON operates an e-commerce platform that aggregates and distributes pre-owned vehicles to and from consumers and dealers.
• It has created the biggest powersports technology platform in the United States, allowing a movers advantage in an interesting market.
• The company has underperformed its peers and is expected to grow at a lower rate than its peers. However, it's still more expensive.
• I think that the stock is a hold. I actually weigh a bit towards overvalued. Even though it does have attractive powersports platform, time will tell if the recent acquisition and this platform could deliver an advantage over its peers.
• Right now, the future is not clear enough to justify its higher price. A drop in price or a clearer future would justify the risk-reward ratio better.

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