AutoNation Inc.
AutoNation Inc.
(via barelkarsan.com)
This economic slowdown will cause many companies in the auto sector to go under. As such, stocks related to this industry have taken a huge hit over the last year or so. This offers us the opportunity to buy companies that will outlast the recession at large discounts to their intrinsic values. Last week, we looked at certain criteria to look for in order to determine whether a company in this industry represents a good long-term purchase. More than one reader offered up AutoNation (AN) as a company possibly meeting these criteria.

