The Investment Reporter, in its April 28, 2023, issue, refreshes its buy of AutoCanada Inc., recently $20.73. The Reporter said buy 11 times from May 10, 2013, to Nov. 25, 2022, at prices ranging from $11.17 to $54.31. Assuming an investment of $1,000 for each of the 11 buys, the $11,000 position would now be worth $10,219. AutoCanada operates 64 franchised dealerships in Canada and 18 franchised dealerships in the United States. For the year ended Dec. 31, 2022, AutoCanada earned $91.1-million, or $3.03 a share, compared with earnings of $167.2-million, or $5.60 a share, in 2021. The company's earnings are expected to rebound in 2023 and in the years after. In line with continued population growth, AutoCanada expects continued long-term growth in year-over-year vehicle sales in the Canadian market. As a result, the company is trying to improve used retail sales and is also focused on new retail sales. The stock currently trades at just 5.3 times the $3.90 a share that it will probably earn in 2023. The Reporter says buy AutoCanada for long-term growth.