According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best auto & truck dealership stocks to buy right now are:
1. Carscom (NYSE:CARS)
Carscom (NYSE:CARS) is the #1 top auto & truck dealership stock out of 30 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Carscom (NYSE:CARS) is: Value: A, Growth: C, Momentum: D, Sentiment: D, Safety: B, Financials: B, and AI: B.
Carscom (NYSE:CARS) has a Due Diligence Score of 36, which is 8 points higher than the auto & truck dealership industry average of 28.
CARS passed 11 out of 33 due diligence checks and has average fundamentals. Carscom has seen its stock lose -40.96% over the past year, underperforming other auto & truck dealership stocks by -32 percentage points.
Carscom has an average 1 year
price target of $17.70, an upside of 63.74% from Carscom's current stock price of $10.81.
Carscom stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Carscom, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Driven Brands Holdings (NASDAQ:DRVN)
The Component Grade breakdown for Driven Brands Holdings (NASDAQ:DRVN) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.
Driven Brands Holdings (NASDAQ:DRVN) has a Due Diligence Score of 11, which is -17 points lower than the auto & truck dealership industry average of 28. Although this number is below the industry average, our proven quant model rates DRVN as a "B".
DRVN passed 4 out of 33 due diligence checks and has weak fundamentals. Driven Brands Holdings has seen its stock lose -13.88% over the past year, underperforming other auto & truck dealership stocks by -5 percentage points.
Driven Brands Holdings has an average 1 year
price target of $21.25, an upside of 57.06% from Driven Brands Holdings's current stock price of $13.53.
Driven Brands Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Driven Brands Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Rush Enterprises (NASDAQ:RUSHA)
The Component Grade breakdown for Rush Enterprises (NASDAQ:RUSHA) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Rush Enterprises (NASDAQ:RUSHA) has a Due Diligence Score of 51, which is 23 points higher than the auto & truck dealership industry average of 28.
RUSHA passed 17 out of 38 due diligence checks and has strong fundamentals. Rush Enterprises has seen its stock lose -16.75% over the past year, underperforming other auto & truck dealership stocks by -8 percentage points.
Rush Enterprises has an average 1 year
price target of $55.00, an upside of 13.38% from Rush Enterprises's current stock price of $48.51.
Rush Enterprises stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Rush Enterprises, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.