We came across a bullish thesis on Penske Automotive Group, Inc. (PAG) on Substack by Serhio MaxDividends. In this article, we will summarize the bulls’ thesis on PAG. Penske Automotive Group, Inc. (PAG)’s share was trading at $166.08 as of May 20th. PAG’s trailing and forward P/E were 11.70 and 12 respectively according to Yahoo Finance.

Trucks from this company on the highway, transporting goods from one city to another.
Penske Automotive (PAG), the $10 billion global dealership and...

