Automotive

Sonic Automotive, Nutrien, Northern Dynasty Minerals, DRDGOLD and Sandstorm Gold highlighted as Zacks Bull and Bear of the Day

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

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Asbury Automotive Group, The Buckle, Sportsmans Warehouse, Papa John’s International and eBay

For Immediate Release

Chicago, IL – June 18, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Asbury Automotive Group, Inc. ABG, The Buckle, Inc. BKE, Sportsmans Warehouse Holdings, Inc. SPWH, Papa John’s International, Inc. PZZA and eBay Inc. EBAY.

Here are highlights from Wednesday’s Analyst Blog:

Record Retail Sales Lift Hopes of V-Shaped Recovery: 5 Picks

U.S. shoppers took to shopping malls and auto dealerships in May as states are gradually easing restrictions on business activity that were put in place to curb the spread of the novel coronavirus.

Sales at U.S. retailers that measure purchases at stores, restaurants and online, rose 17.7% last month, the biggest monthly jump ever. May’s retail sales figure topped the record 6.7% jump

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Petersen Automotive Museum features Tesla Cybertruck this June

If you think that the Tesla Cybertruck deserves to be displayed in a museum, then look no further. Petersen Automotive Museum is now showcasing this super futuristic truck from June 20 until June 26. 

Marking its first-ever appearance since its introduction last November, Tesla is giving visitors an up-close look at Tesla’s first venture in electric pickup trucks.

One significant difference seen in Tesla’s Cybertruck is the change in the traditional pickup truck design. Unlike the common rectangularly-shaped cab and bed you’ll see on the road, the truck’s unconventional shape looks more of a cross between a Mars rover wrapped with an angular exoskeleton.

Tesla Cybertruck
Tesla Cybertruck

This sudden detour in pickup design isn’t half-hearted. It’s enough to make people take a double turn and give scathing criticisms of ginormous proportions.

Still, there’s a reason for its unconventional appearance. Musk was once quoted in Teslarati saying how trucks have been the

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Here are a few of our automotive guilty pleasures

It goes without saying, but I’ll say it anyway. The world is full of cars, and just about as many of them are bad as are good. It’s pretty easy to pick which fall into each category after giving them a thorough walkaround and, more important, driving them. But every once in a while, an automobile straddles the line somehow between good and bad — it may be hideously overpriced and therefore a marketplace failure, it may be stupid quick in a straight line but handles like a drunken noodle, or it may have an interior that looks like it was made of a mess of injection-molded Legos. Heck, maybe all three.

Yet there’s something special about some bad cars that actually makes them likable. The idea for this list came to me while I was browsing classified ads for cars within a few hundred miles of my house. I … Read More