Reported 1 day ago
CarGurus, an online vehicle marketplace, is experiencing significant growth attributed to the steady addition of dealers and increasing international sales, particularly in Canada. The company has reported a 23% revenue growth year-over-year and plans to repurchase shares, with its stock price rising nearly 66% in the past year. Analysts highlight strong institutional support, high sales growth, and an attractive valuation, making CarGurus a notable stock to watch for investors.
Source: YAHOO