CAR Group (CAR) $38.34

CAR rallied another +2.9% on Monday, also posting a fresh all-time high. The stock’s dividend in mid-September isn’t a major factor, with a yield of just over 2%. We wouldn’t consider adding to our 4% position in CAR but anticipate a further 5-10% upside before considering taking some profit.

• We are bullish on CAR, initially targeting a break above $40 – MM is long CAR in our Active Growth Portfolio.