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AutoCanada: Speedy growth that now comes at a reasonable price

2014-11-03 02:51:10| Auto Dealers - Topix.net

The auto dealership group's valuation arguably got a little bloated, but a 50-per-cent selloff appears to have taken care of that. With no real change in the company's fundamentals, the excessive slide created a chance to buy a high-growth stock on sale, said Bruce Campbell, president and portfolio manager at StoneCastle Investment Management, which owns AutoCanada shares.

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Category:Automotive

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