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Thursday, May 17, 2012

Stocks with Strong Financial Metrics (NYSE: LAD)

Shares of LAD fell by 6.50% or $-1.57/share to $22.60. NYSE is trading at a price to book ratio of 1.65. The PEG is 0.41 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.22. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 394802 shares of LAD exchange hands on a given day and today's volume is recorded at 513446. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services.