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Auto Delinquencies Spike: Is It Time to Target Car Dealerships?
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Cathie Wood tweeted that the 90-day auto delinquency rate has surpassed the 2009 peak. CarMax has been facing its own challenges, including reduced vehicle purchases, lower offers to consumers due to declining used car values, and rising repossessions. I believe puts on CarMax might be a winning strategy.
Which other car dealerships may be worth targeting the dip?
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