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Credit Acceptance Corporation (CACC): A Bull Case Theory 

We came across a bullish thesis on Credit Acceptance Corporation on Valueinvestorsclub.com by Djokovic1. In this article, we will summarize the bulls’ thesis on CACC. Credit Acceptance Corporation's share was trading at $492.87 as of October 9th. CACC’s trailing and forward P/E were 13.87 and 10.34 respectively according to Yahoo Finance.

[caption id="attachment_516177" align="aligncenter" width="750"] Copyright: dolgachov / 123RF Stock Photo[/caption]

Credit Acceptance Corporation (CACC), a seasoned subprime auto lender with over 50 years of operations, has compounded...