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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Lithia Motors, Inc. (LAD): A Bull Case Theory

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
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Lithia Motors , Inc. ( LAD )'s share was trading at $ 295.94 as of May 7th .

LAD’s trailing and forward P/E were 9.34 and 8.51 respectively according to Yahoo Finance .

Despite its size, it holds only about 1.5% market share in a sector with over 17,000 dealerships.

While we acknowledge the risk and potential of LAD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LAD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. Disclosure: None. This article was originally published at Insider Monkey ..