CarGurus: Finally Getting Back On Its Feet, Buy Before Q4 Earnings (Rating Upgrade)

deepblue4you These days, it seems that the stock market has very little patience for turnaround stories. Investors latch onto the latest growth stories and pay very little attention to companies that are struggling with business transitions. CarGurus (NASDAQ:CARG) falls squarely into this bucket. Dealing with softer post-pandemic demand for used cars, plus managing its rushed entry into the wholesale business, revenue and profit growth has stalled. Still - there is hope, as the stock is up more than 30% ...