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 29 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Carscom (NYSE:CARS) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: C.
Carscom (NYSE:CARS) has a Due Diligence Score of 36, which is 12 points higher than the auto & truck dealership industry average of 24.
CARS passed 12 out of 33 due diligence checks and has average fundamentals. Carscom has seen its stock lose -7.93% over the past year, overperforming other auto & truck dealership stocks by 24 percentage points.
Carscom has an average 1 year
price target of $14.67, an upside of 23.77% from Carscom's current stock price of $11.85.
Carscom stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Carscom, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Openlane (NYSE:OPLN)
Openlane (NYSE:OPLN) is the #2 top auto & truck dealership stock out of 29 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Openlane (NYSE:OPLN) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: A, Financials: C, and AI: C.
Openlane (NYSE:OPLN) has a Due Diligence Score of 17, which is -7 points lower than the auto & truck dealership industry average of 24. Although this number is below the industry average, our proven quant model rates OPLN as a "B".
OPLN passed 6 out of 38 due diligence checks and has weak fundamentals. Openlane has seen its stock return 61.36% over the past year, overperforming other auto & truck dealership stocks by 93 percentage points.
Openlane has an average 1 year
price target of $42.50, an upside of 6.89% from Openlane's current stock price of $39.76.
Openlane stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Openlane, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Driven Brands Holdings (NASDAQ:DRVN)
The Component Grade breakdown for Driven Brands Holdings (NASDAQ:DRVN) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.
Driven Brands Holdings (NASDAQ:DRVN) has a Due Diligence Score of 40, which is 16 points higher than the auto & truck dealership industry average of 24.
DRVN passed 13 out of 33 due diligence checks and has average fundamentals. Driven Brands Holdings has seen its stock lose -15.56% over the past year, overperforming other auto & truck dealership stocks by 16 percentage points.
Driven Brands Holdings has an average 1 year
price target of $16.17, an upside of 13.29% from Driven Brands Holdings's current stock price of $14.27.
Driven Brands Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Driven Brands Holdings, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.