automotive

3 Reasons Why Growth Investors Shouldn’t Overlook O’Reilly Automotive (ORLY)

TipRanks

Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50%

Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been vindicated, but the firm believes stocks can still climb higher.According to Goldman Sachs’ head of U.S. equity strategy, David Kostin, the S&P 500 could still hit 3,600 by the end of the year, and 3,800 by mid-2021, on the back of vaccine-related optimism and progress with the economic reopening. This would reflect gains of 10% and 16%, respectively, should the index ultimately reach these targets.“Despite the sharp sell-off in the past week, we remain optimistic about the path of the U.S. equity market in coming months. The Superforecaster probability of a mass-distributed vaccine by Q1

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Is Asbury Automotive Group (ABG) Stock a Solid Choice Right Now?

One stock that might be an intriguing choice for investors right now is Asbury Automotive Group, Inc. ABG. This is because this security in the Automotive – Retail and Whole Sales space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Automotive – Retail and Whole Sales space as it currently has a Zacks Industry Rank of 1 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Asbury Automotive Group is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision

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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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