AutoNation: Superb Economics With Minimal Reinvestment Opportunities
AutoNation(AN) Seeking Alpha·2024-07-18 09:50
Pgiam/iStock via Getty Images Investment Thesis AutoNation, Inc. (NYSE: NYSE:AN) is a leading player in the US automotive retail industry, with a broad operational footprint encompassing new and used vehicle sales, parts and service operations, and automotive finance and insurance products. The company’s extensive dealership network, brand recognition, and in my opinion, excellent capital budgeting, position it well to capitalize on market opportunities and drive long-term value creation. AN operates 34 ...