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. Sonic Automotive (NYSE:SAH)
Sonic Automotive (NYSE:SAH) is the #1 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: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Sonic Automotive (NYSE:SAH) has a Due Diligence Score of 46, which is 18 points higher than the auto & truck dealership industry average of 28.
SAH passed 16 out of 38 due diligence checks and has strong fundamentals. Sonic Automotive has seen its stock return 42.88% over the past year, overperforming other auto & truck dealership stocks by 19 percentage points.
Sonic Automotive has an average 1 year
price target of $79.86, an upside of 0.69% from Sonic Automotive's current stock price of $79.31.
Sonic Automotive stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Sonic Automotive, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.
2. Cargurus (NASDAQ:CARG)
Cargurus (NASDAQ:CARG) 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 Cargurus (NASDAQ:CARG) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: C.
Cargurus (NASDAQ:CARG) has a Due Diligence Score of 49, which is 21 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 25.15% over the past year, overperforming other auto & truck dealership stocks by 1 percentage points.
Cargurus has an average 1 year
price target of $37.90, an upside of 4.47% from Cargurus's current stock price of $36.28.
Cargurus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Cargurus, 10% have issued a Strong Buy rating, 40% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Openlane (NYSE:KAR)
Openlane (NYSE:KAR) 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 Openlane (NYSE:KAR) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: A, Financials: C, and AI: C.
Openlane (NYSE:KAR) has a Due Diligence Score of 39, which is 11 points higher than the auto & truck dealership industry average of 28.
KAR passed 16 out of 38 due diligence checks and has average fundamentals. Openlane has seen its stock return 72.83% over the past year, overperforming other auto & truck dealership stocks by 49 percentage points.
Openlane has an average 1 year
price target of $27.00, a downside of -5.03% from Openlane's current stock price of $28.43.
Openlane stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Openlane, 20% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.