This summary was created by AI, based on 1 opinions in the last 12 months.
Credit Acceptance Corp (CACC-Q) is the top player in the sub-prime auto loan business with a significant market share. The company has a strong capital allocation strategy and offers high margin products. Experts are not concerned about a potential slowdown in the auto business. Overall, Credit Acceptance Corp is viewed as a leading and well-positioned player in its industry.
Credit Acceptance Corp is a American stock, trading under the symbol CACC-Q on the NASDAQ (CACC). It is usually referred to as NASDAQ:CACC or CACC-Q
In the last year, there was no coverage of Credit Acceptance Corp published on Stockchase.
Credit Acceptance Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Credit Acceptance Corp.
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0 stock analysts on Stockchase covered Credit Acceptance Corp In the last year. It is a trending stock that is worth watching.
On 2024-04-26, Credit Acceptance Corp (CACC-Q) stock closed at a price of $526.745.
Sub-prime auto loan business with low competition.
~10% market share.
Very good capital allocation strategy (willing to turn down unprofitable loan business).
High margin products.
Not worried about slowdown in auto business.