Trades at 5x PE, but the market is worried about the effect of credit on car sales.
Stock price when the opinion was issued
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!
Take profits? No. AN sells at 10x PE, half the S&P. A bargain, only as the Fed is easing.
Build your watch list
Sign in to track investmentsyou care about
ReSolve Asset Management
5i Research
CNBC
Harvest Portfolios Group
Stockchase Premium
Trades at 5x PE, but the market is worried about the effect of credit on car sales.