LAD - DAILY CHART

Hi, today we are going to talk about Lithia Motors and its current landscape.

Lithia Motors has been having a good year, the auto retail company has been quite prominent in the sector, with solid fundamentals, the company can continue to be benefited from the changes that e-commerce has inflicted on the automotive retail industry, which has been responsible for a small percentage of the sales, holding them a huge potential of growth. Lithia Motors also has completed an amendment and extension of its existing syndicated credit facility to boost the total financing commitment to $2.8 billion, which can help the company improve its sales performance.


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