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Stock impact report

3 Reasons KAR is Risky and 1 Stock to Buy Instead [Yahoo! Finance]

KAR Auction Services, Inc (KAR) 
Last kar auction services, inc earnings: 2/18 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Its shares have yielded a 16.4% return over the last six months, beating the S&P 500 by 18.1%. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation. Is there a buying opportunity in OPENLANE, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it's free We're happy investors have made money, but we're cautious about OPENLANE. Here are three reasons why you should be careful with KAR and a stock we'd rather own. Facilitating the sale of approximately 1.3 million used vehicles in 2023, OPENLANE (NYSE:KAR) operates digital marketplaces that connect sellers and buyers of used vehicles across North America and Europe, facilitating wholesale transactions. A company's long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Ov Show less Read more
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