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What are the best auto and truck dealership stocks to buy now?

We have compiled a list of the best auto and truck dealership stocks to buy now which include AutoNation, Inc. (NYSE: AN ), CarMax, Inc. (NYSE: KMX ), and Copart, Inc. (NASDAQ: CPRT ). Let's now discuss these stocks, among others, in detail below.

Who owns auto and truck dealership stocks?

As of December 31, PAR Capital Management is the top shareholder and has disclosed a stake worth $94 million. Other auto and truck dealership stocks that hedge funds are heavily positioned in include AutoNation, Inc. (NYSE:AN), CarMax, Inc. (NYSE:KMX), and Copart, Inc. (NASDAQ:CPRT).

What are automotive stocks?

Automotive stocks are part of the consumer durables sector. This sector includes companies that make products intended to last for more than a few years, such as washing machines, dishwashers, furniture -- and cars and trucks.

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