Trading idea of the day: CarSales.com (CRZ) - CRZ is a global online car classified business model now moving into related financial services

Livewire Equities

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Trading idea of the day: CarSales.com (CRZ) - CRZ is a global online car classified business model now moving into related financial services. It is now trading below $10 and we see the stock re-rating to $12.50 in the near term as the market's search for growth in global growth downgrades. The free cashflow generation of this model allows CRZ to keep acquiring and growing globally.


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