Why Penske Automotive (PAG) is a Top Momentum Stock for the Long-Term

Company Overview - Penske Automotive Group, Inc. operates automotive and commercial truck dealerships across multiple countries including the United States, United Kingdom, Canada, Germany, Italy, and Japan, and also distributes commercial vehicles and related services primarily in Australia and New Zealand [12] Investment Ratings - Penske Automotive is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid overall performance [13] - The company has a Momentum Style Score of B, with shares increasing by 6.8% over the past four weeks [13] Earnings Estimates - For fiscal 2025, four analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.14 to $13.94 per share [13] - Penske Automotive has an average earnings surprise of 2.6%, suggesting a positive trend in earnings performance [13] Investment Considerations - With a strong Zacks Rank and high Momentum and VGM Style Scores, Penske Automotive is recommended for investors looking for potential opportunities [14]