Why This Car Dealer Stock Might Be a Better Buy Than Carvana
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Wall Street has high hopes for Carvana but another automotive retailer, Group 1 Automotive might be a better bet for investors. Shares of online car retailer Carvana rallied nearly 5% on Tuesday, following a news report that quoted CEO Ernie Garcia arguing tariffs could boost used car sales. Wall Street analysts are also optimistic: They expect the company’s operating profits to more than double in 2025 and jump 25% in 2026.
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