Aug. 2018: Snap-on (Stock to Study), KAR Auction (Undervalued)The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Snap-on Incorporated (NYSE: SNA) as its August 2018 "Stock to Study" and KAR Auction Services, Inc. (NYSE: KAR) as its August 2018 "Undervalued Stock" for investors' informational and educational use.
"The committee selected Snap-on for its strong market position and continued growth opportunities owing to the changing nature of automotive repair," said Adam Ritt, editor of BetterInvesting Magazine. "For the Undervalued selection, the committee believes KAR Auction Services will benefit from tailwinds in both sides of its business; meanwhile, the stock's valuation today is reasonable."
Check BetterInvesting's August issue for more details about these selections. Go to the trial version of BetterInvesting's online tools to study the investment potential of Snap-on and KAR Auction Services by viewing their fundamental data and applying judgments.
Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Marisa Bradbury, CFA; Philip S. Dano, CFA; Maury Elvekrog, CFA; Walter J. Kirchberger, CFA; and Adam Ritt.
As stated, the BetterInvesting committee's Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors and are not intended as investment recommendations. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases.