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: C, Safety: D, Financials: A, and AI: C.
Cargurus (NASDAQ:CARG) has a Due Diligence Score of 50, which is 22 points higher than the auto & truck dealership industry average of 28.
CARG passed 16 out of 33 due diligence checks and has strong fundamentals. Cargurus has seen its stock return 24.49% over the past year, overperforming other auto & truck dealership stocks by 5 percentage points.
Cargurus has an average 1 year
price target of $38.56, an upside of 37.92% from Cargurus's current stock price of $27.96.
Cargurus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Cargurus, 12.5% have issued a Strong Buy rating, 50% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Carvana Co (NYSE:CVNA)
Carvana Co (NYSE:CVNA) is the #2 top auto & truck dealership stock out of 28 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 Carvana Co (NYSE:CVNA) is: Value: C, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Carvana Co (NYSE:CVNA) has a Due Diligence Score of 39, which is 11 points higher than the auto & truck dealership industry average of 28.
CVNA passed 14 out of 33 due diligence checks and has average fundamentals. Carvana Co has seen its stock return 194.68% over the past year, overperforming other auto & truck dealership stocks by 175 percentage points.
Carvana Co has an average 1 year
price target of $272.14, an upside of 11.37% from Carvana Co's current stock price of $244.35.
Carvana Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Carvana Co, 50% have issued a Strong Buy rating, 21.43% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Sonic Automotive (NYSE:SAH)
Sonic Automotive (NYSE:SAH) is the #3 top auto & truck dealership stock out of 28 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 Sonic Automotive (NYSE:SAH) is: Value: B, Growth: B, Momentum: C, Sentiment: D, 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 4.98% over the past year, underperforming other auto & truck dealership stocks by -15 percentage points.
Sonic Automotive has an average 1 year
price target of $73.80, an upside of 21.54% from Sonic Automotive's current stock price of $60.72.
Sonic Automotive stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Sonic Automotive, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
