AutoNation’s (NYSE:AN) share price is approaching its 52-week high of $220 as the car dealer is reaping an earnings-boosting pandemic windfall from asset sales and buybacks. Bulls see smoke, but little fire, behind the rally. EPS gains from financial engineering and growth projections from finance and used-car superstores are not sustainable, headwinds are mounting and...
Autonation At $220: Five Flawed Assumptions Propping Up The Rally
Jeandre Pike is a strategic and execution-oriented finance professional with over 14 years’ experience in corporate finance, valuation, and M&A. He first got into investing while studying at university and has been passionate about the stock market ever since—whether in emerging markets, South Africa, or the U.S. A regular contributor to an award-winning national business magazine in South Africa, Jeandré holds an MBA from Henley Business School (UK), is a CIMA member, a Certified Financial Modelling & Valuation Analyst (FMVA), and a lifelong learner committed to continuous study to stay ahead in evolving markets.



