Investment Thesis
Cars.com (CARS) has a lot of moving parts. Even though, thus far, I have succeeded in calling it very wrong here, I believe this time it's different. But why should readers care? What's different?
This article attempts to answer these questions, and demonstrate how shareholders can profit from its valuation.
Asset-light? Or Light On Growth?
One aspect which initially drew me to Cars.com had been that even though its top line was not growing for 2019, I had assumed that its revenues should have been fairly stable and predictable.
However, its