![]() |
![]() | ![]() |
We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
![]()
Lithia Motors is a consoladator of retail car dealers, buying up new car dealers in the western US. Sales are currently rising in excess of 100% and earnings 25-50% every quarter. Will this trend continue? Most likly while the company is small (forward sales approx. $850M) and interest rates-general economy remain favorable. The company is aquiring new outlets at a rather rapid pace, immediately implements it's own methods, which have improved the bottom line of the outlets by as much as double of the preceding owners. Current price $11 and change. I believe the current downside is very small, having sold off by 40%+ with the general market and is at a forward PE of 10 to the end of '98. Sept. 22, 1998 Jim | ||||||||||||
|
Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
© 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |