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 +19.88% 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 9 points higher than the auto & truck dealership industry average of 27.
CARS passed 11 out of 33 due diligence checks and has average fundamentals. Carscom has seen its stock lose -25.31% 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 40.81% from Carscom's current stock price of $12.57.
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. Ridenow Group (NASDAQ:RDNW)
Ridenow Group (NASDAQ:RDNW) 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 +19.88% per year.
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The Component Grade breakdown for Ridenow Group (NASDAQ:RDNW) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Ridenow Group (NASDAQ:RDNW) has a Due Diligence Score of 7, which is -20 points lower than the auto & truck dealership industry average of 27. Although this number is below the industry average, our proven quant model rates RDNW as a "B".
RDNW passed 2 out of 33 due diligence checks and has weak fundamentals. Ridenow Group has seen its stock return 25.16% over the past year, overperforming other auto & truck dealership stocks by 19 percentage points.
Ridenow Group has an average 1 year
price target of $4.00, a downside of -32.43% from Ridenow Group's current stock price of $5.92.
Ridenow Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ridenow Group, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 53, which is 26 points higher than the auto & truck dealership industry average of 27.
RUSHA passed 18 out of 38 due diligence checks and has strong fundamentals. Rush Enterprises has seen its stock return 7.51% over the past year, overperforming other auto & truck dealership stocks by 1 percentage points.
Rush Enterprises has an average 1 year
price target of $55.00, a downside of -6.27% from Rush Enterprises's current stock price of $58.68.
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.
