So I need your help. What publicly traded auto retail company do you want to hear about? What company out there will help us better understand the auto retail industry as a whole. Note, this is the criteria. I am less concerned about whether or not the company makes an attractive investment (today). The attractiveness of investing in a security comes and goes over time. But what qualifies a company to be a member of the autoretailstocks.com index is its relevancy and significance to the space.
In this regard, I have put a new poll up on the autoretailstocks.com website with 4 companies that might make a good fit for the autoretailstocks.com index. The four companies are: Hertz, Finishmaster, Rush Enterprises, and Dorman Products. Here is a little background on each:
Dorman Products (NASDAQ:DORM)
Dorman Products is a $180 million market cap (meaning the number of shares times the stock price) company that trades on the Nasdaq stock exchange under the symbol: DORM. According to the company’s press releases:
Dorman Products, Inc., is a leading supplier of OE Dealer “Exclusive” automotive replacement parts, automotive hardware, brake products, and household hardware to the Automotive Aftermarket and Mass Merchandise markets. Dorman automotive parts and hardware are marketed under the OE Solutions , HELP! , AutoGrade , First Stop , Conduct- Tite®, Pik-A-Nut® and Scan-Tech® brand names.
Finishmaster is a $219 million market cap company that trades under the symbol FMST.PK. According to the company’s press releases:
FinishMaster is the leading national independent distributor of automotive paints, coatings, and related accessories to the automotive collision repair industry. The Company is headquartered in Indianapolis, Indiana, and operates three major distribution centers and 167 branches in 39 of the 50 largest metropolitan areas in the country.
Rush Enterprises (NASDAQ:RUSHA)
Rush Enterprises is a $430 million market cap company that trades under the symbol RUSHA. According to the company’s press releases:
Rush Enterprises, Inc. operates the largest network of heavy-duty truck and medium-duty dealerships in North America and a John Deere construction equipment dealership in Houston, Texas. Its operations include a network of over 40 Rush Truck Centers located in Alabama, Arizona, California, Colorado, Florida, Georgia, Oklahoma, New Mexico, Tennessee and Texas. The Company has developed its Rush Truck Centers and its Rush Equipment Center as ‘one-stop centers’ where, at one convenient location, its customers can purchase new or used trucks or construction equipment, purchase insurance products, purchase aftermarket parts and accessories and have service performed by certified technicians.
Hertz Rent a Car (NYSE:HTZ)
Hertz is a $5.5 billion market cap company that trades under the symbol HTZ. According to the company’s press releases:
Hertz, the world's largest general use car rental brand, operates from approximately 7,600 locations in 145 countries worldwide. Hertz is the number one airport car rental brand in the United States and at 69 major airports in Europe as well as the only car rental company with corporate and licensee locations in Africa, Asia, Australia, Latin America and North America. Product and service initiatives such as Hertz #1 Club Gold, NeverLost customized, onboard navigation systems, SIRIUS Satellite Radio, and unique cars and SUVs offered through Hertz's Prestige, Fun and Green collections, set Hertz apart from the competition. Hertz also operates one of the largest equipment rental companies in the U.S. and Canada combined, with corporate locations in France and Spain.