We came across a bullish thesis on Penske Automotive Group, Inc. on Compounding Dividends’s Substack by TJ Terwilliger. In this article, we will summarize the bulls’ thesis on PAG. Penske Automotive Group, Inc.'s share was trading at $164.72 as of January 13th. PAG’s trailing and forward P/E were 11.60 and 11.85 respectively according to Yahoo Finance.
[caption id="attachment_403605" align="aligncenter" width="750"]Penske is one of the world’s largest automotive retailers and a leading international transportation services...
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