Five to buy
AutoTrader
Online car marketplace AutoTrader’s shares have been hurt by consumers tightening purse strings, motor retailers’ lower advertising spending and the shift away from growth stocks. Still, the firm has been able to keep “squeezing more out of retailers”, which helped boost revenue for the six months to 30 September by 16% year-on-year. While the stock doesn’t look cheap at 20 times forecast profits, it is trading at the bottom end of the range seen since it floated
