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Stock impact report

‘The Real Deal': Barclays Says These 3 Auto Dealer Stocks Look Attractive Right Now [Yahoo! Finance]

Group 1 Automotive, Inc. (GPI) 
Last group 1 automotive, inc. earnings: 2/5 07:07 am Check Earnings Report
US:NYSE Investor Relations: group1corp.com
Company Research Source: Yahoo! Finance
and consumer habits, personal vehicles remain indispensable for most households. This demand supports a large and steadily expanding automotive dealership industry. Meet Your ETF AI Analyst Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow. It's no surprise, then, that Mordor Intelligence values the U.S. auto dealer market at about $2.95 trillion today and expects it to reach $3.68 trillion by 2030, a roughly 4.5% CAGR. This resilient demand backdrop is exactly what informs Barclays analyst John Babcock's positive view of the space. “We are most constructive on the dealers, which have a track record of delivering consistently positive earnings and cash flow and strong shareholder returns. Dealers benefit from the stability of their Parts & Service business, which accounts for 40–45% of gross profit. While people may scale back on s Show less Read more
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