
Sonic Automotive (SAH) Gaining Traction With A Compelling Valuation
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6 min
Business & Finance
Description
<p>Sonic Automotive (SAH) is the fifth largest automotive retailer in the U.S. and operates in two segments: franchised dealerships and EchoPark: used cars, light trucks, finance, and insurance products. JPMorgan has a $60 price target on the SAH stock. The analyst stated that the setup for franchise auto dealers into third quarter earnings is the most negative since the pandemic. How does SAH compare to AN, LAD, KMX, and CVNA? George Tsilis weighs in.</p>
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Sonic Automotive (SAH) Gaining Traction With A Compelling Valuation
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