ACV Auctions: Stock Price Unlikely To Move Up In The Near Term (NYSE:ACVA)

My recommendation for ACV Auctions ( ACVA ) is a hold rating. Execution has been solid; ACVA continues to add sellers and buyers, take share, and entrench itself deeper into dealers’ workflow. But the macro pressure is real, overallI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to ...