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 8^th. PAG’s trailing and forward P/E were 12.37 and 12.76 respectively according to Yahoo Finance.

[caption id="attachment_963059" align="aligncenter" width="750"] Photo by Parker Gibbs on Unsplash[/caption]

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