For Immediate Release
Chicago, IL – July 2, 2020 – Zacks Equity Research Shares of Sonic Automotive, Inc. SAH as the Bull of the Day, Nutrien Ltd. NTR asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Northern Dynasty Minerals, Ltd. NAK, DRDGOLD Limited DRD and Sandstorm Gold Ltd SAND.
Here is a synopsis of all five stocks:
Bull of the Day:
Sonic Automotive, Inc. is seeing car buyers return with a vengeance this summer. This Zacks Rank #1 (Strong Buy) saw used vehicle sales turn green in June.
Sonic is one of the largest auto retailers in the United States with 86 franchised dealerships and 10 EchoPark pre-owned dealerships in 12 states and 21 major metropolitan markets.
It carries 20 different automotive brands with the majority of its dealerships in the luxury and import brands.
Used Car Sales are Hot in the Summer