Penske Automotive Group, Inc. (PAG): A Bull Case Theory

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 20^th. PAG’s trailing and forward P/E were 11.70 and 12 respectively according to Yahoo Finance.

[caption id="attachment_1206393" align="aligncenter" width="768"] Trucks from this company on the highway, transporting goods from one city to another.[/caption]

Penske Automotive (PAG), the $10 billion global dealership and commercial truck...