Is Penske Automotive Group, Inc. (PAG) A Good Stock To Buy Now?

Is PAG a good stock to buy? We came across a bullish thesis on Penske Automotive Group, Inc. on Quality At A Fair Price’s Substack. In this article, we will summarize the bulls’ thesis on PAG. Penske Automotive Group, Inc.’s share was trading at $172.49 as of June 8th. PAG’s trailing and forward P/E were 12.37 and 12.76 respectively according to Yahoo Finance.

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Penske Automotive Group (PAG) is a globally diversified automotive and commercial truck...