Bank of America analyst projects potential boon from invento...
Bank of America analyst projects potential boon from inventory constraints sparking a robust capital goods replacement cycle. Stephens' Daniel Imbro points to falling used auto prices as a positive indicator for companies such as Carvana, with an anticipation of these firms outshining rivals in the forthcoming year. Sonic Automotive receives top ratings from Wall Street, according to Seeking Alpha.
Used Auto Prices Are Finally Falling - Watch These Stocks
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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