◆ NeutralANCYDGTX
Here's Why You Should Retain AutoNation Stock in Your Portfolio
Zacks Investment Research·
AutoNation (AN) benefits from record Parts & Service profits, expanding finance earnings, and digital investments supported by share repurchases. However, the company faces headwinds from high debt levels ($4.4B non-vehicle debt), declining new-vehicle profitability (down 15% YoY), and elevated operating costs. The stock is rated Zacks Rank #3 (Hold) and appears undervalued on a price/sales basis.
Read Full Article at Zacks Investment Research →