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AI STOCK SCREENING OF THE WEEK ON 07/26/2024
The AI rated stock of the week
Dear investors,
Our focus today is on the shares of AutoNation Inc., listed on the IEX under the ticker AN. The AI analysis is based on current Market data, including fundamental indicators as well as chart technical aspects.
ISIN: US05329W1027 / WKN: 880953
Fundamental analysis
- P/E (Price-earnings ratio): The P/E ratio of AutoNation Inc. is currently at 7.75. This low value indicates that the stock is is valued favorably compared to the profits achieved.
- Dividend yield: A dividend yield is currently not stated, which may indicate could result in the company reinvesting its earnings to generate further to promote growth.
- Market capitalization: With a market capitalization of USD 7.14 billion, AutoNation Inc. is a medium-sized investment based on a stable business environment indicates.
- Return on equity: The return on equity is a remarkable 46.17%, which indicates a efficient use of equity capital and the profitability of the company.
Technical Analysis
- Current Price: The current price of AutoNation Inc. is 177.47 USD, with a positive daily change of 1.46%, indicating a stable market position.
- Chart pattern: AutoNation is showing an upward trend, especially when you consider the Price development of the last few months. The company is listed near its 52-week high, indicating strong investor confidence indicates.
- 52-week high/low: The 52-week high is $181.52. Since AutoNation is close to this high This could indicate a continuation of the uptrend and the Formation of new support levels.
- Volatility: The volatility over one year is 31.21%, which indicates a moderate indicates market activity and could therefore also offer opportunities for traders.
Industry comparison
Compared to other companies in the industry such as Copart Inc. (P/E 39.29) and CarMax Inc. (P/E 27.28), AutoNation shows an attractive Valuation level. This competitiveness in the P/E ratio speaks for the share, especially in the context of the stable market environment.
Trading idea:
Considering the market capitalization, positioning near the all-time high and the current chart technical signals, a purchase AutoNation Inc. shares may be worthwhile for a medium-term investment. The company is proving robust in the market and could benefit from its Convince of growth potential.
Suggested Stop Loss: Based on the current price development, a stop loss of about 5% below the 52-week high, i.e. around USD 170.34, makes sense. This minimizes the risk and allows investors to profit from the upward movement.
These analyses and assessments are not intended to be investment recommendation and are for analysis purposes only. All information provided by the AI Shares valued by AI Finance Association Europe are Traded in a model portfolio for demonstration purposes.