CarGurus: Repositioned For Growth

Orbon Alija/E+ via Getty Images In my view, there's no better time to bet on solid turnaround names than during a period of market volatility and expensive valuation multiples. Contrarian plays like these, in my view, are more insulated from the whiplashes in the stock market driven by macro factors like interest rates, and investors can buy with confidence knowing they are investing in businesses with firm footing and a more than reasonable valuation. CarGurus (NASDAQ:CARG) fits the bill perfectly here ...