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A few headlines that I thought you should take note of: Sonic’s (SAH/ranked #2) stock was down ~3% yesterday after Bear Stearns downgraded the stock to peer perform from outperform. I still think there is a lot of opportunity with this stock. Group 1 (GPI/ranked #7) announced the sale of its Sandy Springs Ford store in Atlanta that resulted in a 551,900 after-tax (about $0.02) charge. The company will also incur a $3 million pre-tax charge associated with the lease termination of Sandy Springs, part of the company’s $5 - $10 million they talked about (as I discussed in this newsletter) at the Detroit Auto Show inve
... To view the entire article: Related Companies: CSK Auto Parts
Group 1 Automotive
Sonic Automotive
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1 - LAD