Month: September 2020

Berlin rules out buyer premiums for fossil-fuel cars

The German government has allocated €2bn as stimulus for the automotive industry overall. Photo: Hendrik Schmidt/Reuters
The German government has allocated €2bn as stimulus for the automotive industry overall. Photo: Hendrik Schmidt/Reuters

Germany’s automotive companies, struggling with a coronavirus-induced drop in consumer demand, are not likely to receive government support in the form of subsidies for buyer premiums to boost sales of their petrol and diesel vehicles.

Politicians, including Bavarian state premier Markus Söder had called for the government to consider buyer premiums for internal combustion cars ahead of a car summit between automotive and supplier bosses, unions, and Angela Merkel’s government on Tuesday evening.

Söder warned of “mass job losses” in the industry. Transport minister Andreas Scheuer said that the inventory of petrol and diesel vehicles must be shifted off car lots.

READ MORE: German car chiefs demand more aid amid COVID-19 slump

However, according to a paper released after the meeting and seen by the German Press Agency, there is no mention of purchase

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AutoNation, Group 1 Automotive, Lithia Motors and Asbury Automotive

For Immediate Release

Chicago, IL – September 2, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: AutoNation, Inc. AN, Group 1 Automotive, Inc. GPI, Lithia Motors, Inc. LAD and Asbury Automotive Group, Inc. ABG.

Here are highlights from Tuesday’s Analyst Blog:

4 Undervalued Stocks to Snap Up Right Now

Sometimes, it pays to remember that the markets are always, ultimately, rational.

Which basically just means that good news is rewarded and bad news is punished.

So when there’s good news flowing in, you’ll typically see shares continuing to rise as more and more people find out. Conversely, when there’s some bad news, you’ll find more and more people jumping out of a stock as they find out.

This

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How Much Is Asbury Automotive Group, Inc. (NYSE:ABG) Paying Its CEO?

David Hult has been the CEO of Asbury Automotive Group, Inc. (NYSE:ABG) since 2018, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.

Check out our latest analysis for Asbury Automotive Group

Comparing Asbury Automotive Group, Inc.’s CEO Compensation With the industry

Our data indicates that Asbury Automotive Group, Inc. has a market capitalization of US$2.1b, and total annual CEO compensation was reported as US$5.5m for the year to December 2019. That’s a notable increase of 9.5% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$1.0m.

On comparing similar companies from the same industry with market caps ranging from US$1.0b to US$3.2b, we found that

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O’Reilly Automotive (ORLY) is an Incredible Growth Stock: 3 Reasons Why

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is not easy at all.

In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.

However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company’s real growth prospects.

Our proprietary system currently recommends O’Reilly Automotive (ORLY) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Studies have shown that stocks with the best growth features consistently outperform the market. And

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