Philip Saglimbeni

KAR Auction Services: A Small-Cap Worth Bidding On

In my ongoing effort to find unconventional ways for investors to benefit from the recent trend of rising automobile sales in America, I have come across several companies operating in alternative areas of the automotive space. From car dealerships like Lithia Motors Inc. (NYSE:LAD) to service repair shops like Monro Muffler Brake (NASDAQ:MNRO), these types of companies provide opportunities for investors to gain exposure to the popular automobile industry while avoiding much of the headline risk. To my surprise, I have found another opportunity in the alternative space, this time in the form of a vehicle auctioneer and remarketing service company, KAR Auction Services, Inc. (NYSE:KAR).

Similar to Lithia Motors Inc. and Monro Muffler...

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