AutoNation: Deep Value and Buyback Tailwinds Make This a 180-Day Trade to Own
AutoNation (AN) trades at roughly 10x earnings, 0.23x sales and a sub-3x price-to-book while producing high returns on equity. With a market cap near $6.3B and a capital-allocation story centered on returning cash to shareholders, the risk/reward favors a long-term (180 trading days) long. This trade lays out an entry at $187.00, a stop at $170.00 …