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0.000197980597901366 -0.000593941793704239 -0.00118788358740848 0.000791922391605606 -0.00336567016432393 -0.00336567016432393 -0.00336567016432393 -0.00336567016432393
Stock impact report

CarGurus: The Rebound Rally Has Steam [Seeking Alpha]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Seeking Alpha
It is now back to growing paid dealership counts, after several quarters of decline. User traffic is also rebounding, especially as CarGurus improves its available car inventory shown on the site. The stock trades at a very reasonable ~2.5x multiple of next year's revenue. Sometimes, turnaround stories require a bit of patience: but they make for great holds while the rest of the stock market is exceedingly expensive. And with record-breaking S&P 500 multiples, I'm positioning more and more of my portfolio into these value-oriented rebound plays. Recommended For You Recommended For You About CARG Stock More on CARG Related Stocks Trending Analysis Trending News Show less Read more
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