CARG News and Press, CarGurus Inc. From 11/08/21

CARG is a global, online marketplace that connects buyers and sellers of new and used cars. Their revenue has been growing rapidly in the past 5 years (5 year average of 43.2%). Their cash from operation is accelerating. It increased from $12.9 M in 2015 to $203 M in 2021. CAR...

The used car dealership has been left for dead and increasingly reminds me of Dropbox as an underrated deep value play growth stock. The online car marketplace is returning to growth and is simultaneously profitable, trading at just 20 times next year's earnings estimates. CarGuru...

CAMBRIDGE, Mass., Oct. 18, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the third quarter ended September 30, 2021, after the close...

Over the past year, I have been covering software as a service (SaaS) firms and their stocks, and especially those that pass the Rule of 40. The Rule of 40 balances sales growth and profitability in hyper-growth SaaS companies, and we have found, as a group, these stocks have outperfo...

CAMBRIDGE, Mass., Oct. 08, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the most visited automotive shopping site in the U.S. 1 announced today that it will expand its latest digital retailing feature, CarGurus Instant Max Cash Offer, to additional markets. Consumers in the followi...

CAMBRIDGE, Mass., Oct. 05, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced the launch of a new integrated, mass-media marketing campaign. The “Do More From Home” campaign kicks ...

CAMBRIDGE, Mass., Sept. 28, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today released its most recent COVID-19 sentiment study that examines both short- and long-term trends of how auto shoppe...

CAMBRIDGE, Mass., Sept. 28, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today released its most recent COVID-19 sentiment study that examines both short- and long-term trends of how auto shoppe...

CAMBRIDGE, Mass., Sept. 23, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced that its 3 rd annual user conference Navigate will be held October 13-15, 2021. After two successful ...

CAMBRIDGE, Mass., Sept. 15, 2021 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, continues to broaden availability of its latest digital retailing feature, CarGurus Instant Max Cash Offer, to five more state...