2 Auto Stocks That Are Thriving Despite a Slump in the Auto Market

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 32 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Ebay Inc 뉴스

Copart Inc

Stocks Analysis by MarketBeat.com (Jea Yu) covering: eBay Inc, Copart Inc. Read MarketBeat.com (Jea Yu)'s latest article on Investing.com

Copart is one of the largest online automobile and auto parts auction sites worldwide, regularly listing 350,000 vehicles a day and numerous auto parts.

. High financing costs and an uncertain macroeconomic climate have caused consumers to tighten their spending, especially on big-ticket items like cars. However, not every part of the automobile industry is in a slump. The auto aftermarket of used cars and car parts is still thriving, and some companies are capitalizing on the action. Here are two stocks that are thriving in the auto aftermarket.

Incidentally, the decline in used vehicle values has driven total loss frequency back up, resulting in more junked cars being auctioned off. Total loss frequency has normalized back to pre-pandemic levels.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 450. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

3 Stocks Gearing Up for Strong Q4 Rally Amid AI Boom, Holiday SeasonStocks Analysis by MarketBeat.com (Jea Yu) covering: Microsoft Corporation, Best Buy Co Inc, Micron Technology Inc, TJX Companies Inc. Read MarketBeat.com (Jea Yu)'s latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »