We recently compiled a list of the 10 Cheap and High-Quality Stocks Picked by Former SAC Capital Analyst. In this article, we are going to take a look at where CarGurus, Inc. (NASDAQ:CARG) stands against the other cheap and high-quality stocks. Jonathan Tepper, the chief investment officer of little-known hedge fund Prevatt Capital, has an […]
I wasn’t keen on writing about used car stocks to buy. But then I read an article from early June in the Wall Street Journal that was an interesting take on used car sales. The Journal’s auto columnist, Dan Neil, argued that consumers have forsaken new vehicles because used cars and trucks are better deals. More importantly, they have old-school designs and features that you can’t get in today’s high-tech machines. What that means when electric vehicles (EVs) become more commonplace than interna
Investors need to pay close attention to CarGurus (CARG) stock based on the movements in the options market lately.