Cramer Says Buy AutoZone Over AutoNation
Value investor Mario Gabelli said Warren Buffett should buy AutoNation, but Jim Cramer thinks he should take a look at Auto Zone instead.
Value investor Mario Gabelli said Warren Buffett's Berkshire Hathaway (BRK.A) - Get Report should consider buying AutoNation (AN) - Get Report but Jim Cramer has another suggestion. Cramer said AutoNation is ok but likes AutoZone (AZO) - Get Report thanks to improvements for GM (GM) - Get Report and Ford (F) - Get Report in Europe and GM's gains in China. AutoNation could improve with continued job growth but right now says Cramer the company itself, 'tells a very bad story.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
