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. Cargurus (NASDAQ:CARG)
Cargurus (NASDAQ:CARG) is the #1 top auto & truck dealership stock out of 28 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Cargurus (NASDAQ:CARG) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: D, Financials: A, and AI: C.
Cargurus (NASDAQ:CARG) has a Due Diligence Score of 53, which is 25 points higher than the auto & truck dealership industry average of 28.
CARG passed 17 out of 33 due diligence checks and has strong fundamentals. Cargurus has seen its stock return 18.93% over the past year, underperforming other auto & truck dealership stocks by -7 percentage points.
Cargurus has an average 1 year
price target of $38.00, an upside of 23.46% from Cargurus's current stock price of $30.78.
Cargurus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cargurus, 0% have issued a Strong Buy rating, 66.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Sonic Automotive (NYSE:SAH)
Sonic Automotive (NYSE:SAH) is the #2 top auto & truck dealership stock out of 28 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Sonic Automotive (NYSE:SAH) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Sonic Automotive (NYSE:SAH) has a Due Diligence Score of 48, which is 20 points higher than the auto & truck dealership industry average of 28.
SAH passed 17 out of 38 due diligence checks and has strong fundamentals. Sonic Automotive has seen its stock return 32.25% over the past year, overperforming other auto & truck dealership stocks by 7 percentage points.
Sonic Automotive has an average 1 year
price target of $74.20, a downside of -1.19% from Sonic Automotive's current stock price of $75.09.
Sonic Automotive stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Sonic Automotive, 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.
3. Americas Carmart (NASDAQ:CRMT)
The Component Grade breakdown for Americas Carmart (NASDAQ:CRMT) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Americas Carmart (NASDAQ:CRMT) has a Due Diligence Score of 22, which is -6 points lower than the auto & truck dealership industry average of 28. Although this number is below the industry average, our proven quant model rates CRMT as a "B".
CRMT passed 7 out of 33 due diligence checks and has weak fundamentals. Americas Carmart has seen its stock lose -19.68% over the past year, underperforming other auto & truck dealership stocks by -45 percentage points.