A relevant opportunity is designed on Lithia Motors thanks to good fundamentals and technical pattern.
Regarding fundamentals Lithia Motors seems to be in a good shape. Indeed, sales are estimated in regular growth for the next two years. Due to good margins, the company is expected to get a good net income for 2014 (+32% compared to 2013).
As all previous figures, the Earning per share should also increase by 20% at USD 4.86 per share in 2014.
Graphically, a good opportunity emerges. A strong support is defined by the lower trend line at USD 66. So, the price could be contained by, which will lead to USD 79. This level correspond to the next resistance.
Moreover prices have recently brokeout the pivot point at USD 68.7 which should feed the short term rise.
According to both fundamentals and technical analysis, it is a good opportunity to buy Lithia Motors. The target will be the USD 79 level and a stop-loss order could be placed under the pivot point at USD 68.7.
Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 482 locations representing 51 brands across the United States, United Kingdom, and Canada.
LITHIA MOTORS, INC. 
