We like this as an interest-rate play and for its improving fundamental business.
The company should grow along with an improving economy.
Management reported better-than-expected third-quarter results, reiterated 2014 guidance and issued conservative preliminary 2015 guidance.
TrueCar is setting up to be a long-term winner.
News of a competitor entering into the 3-D printing space has sent the shares lower, but we consider it a buying opportunity.
Most stocks have responded quite well to good news, which includes many of the names in our model portfolio.
The company is set to benefit massively from its strong international push.
We are gratified that conviction and perseverance have paid off on this name.
As global concerns and earnings reports spurred the volatility this week, we trimmed one model portfolio position and added shares to two other names.
We are not looking for material outperformance on a quarterly basis.