Jim Cramer - Mad Money AutoNation AN-N BUY Sep 20, 2021

It trades at a low PE, but carries high risk, being in a cyclical industry as we head towards a downturn. But in the last 3 years, the share count has dropped from 88 million to 55 million. This boosts investor confidence a lot!

Trades at 5x PE, but the market is worried about the effect of credit on car sales.

Take profits? No. AN sells at 10x PE, half the S&P. A bargain, only as the Fed is easing.