Here’s How Tariff Impacts Asbury Automotive Group (ABG)

1 week ago 8

Soumya Eswaran

Wed, Apr 9, 2025, 5:21 AM 3 min read

Black Bear Value Partners, an concern absorption firm, published its first-quarter 2025 capitalist letter. A transcript of the missive tin be downloaded here. Black Bear Value Fund returned +0.8% successful March and -1.3% YTD and the S&P 500 returned -5.7% successful March and -4.3% YTD. HFRI Value Index returned -2.0% successful March and -0.5% YTD. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its archetypal 4th 2025 capitalist letter, Black Bear Value Fund emphasized stocks specified arsenic Asbury Automotive Group, Inc. (NYSE:ABG). Headquartered successful Duluth, Georgia, Asbury Automotive Group, Inc. (NYSE:ABG) is an automotive retailer. The one-month instrumentality of Asbury Automotive Group, Inc. (NYSE:ABG) was -13.24%, and its shares mislaid 4.18% of their worth implicit the past 52 weeks. On March 12, 2025, Asbury Automotive Group, Inc. (NYSE:ABG) banal closed astatine $210.85 per stock with a marketplace capitalization of $4.145 billion.

Black Bear Value Fund stated the pursuing regarding Asbury Automotive Group, Inc. (NYSE:ABG) successful its Q1 2025 capitalist letter:

"Asbury Automotive Group, Inc. (NYSE:ABG) operates car dealerships crossed the United States. The spot of the exemplary comes from the backmost of the location successful parts and services wherever much than 50% of the profits travel from.

Why Asbury Automotive Group Inc (ABG) Is Skyrocketing So Far In 2025?

A lawsuit smiling delightedly aft driving distant successful their caller car from the automotive retail shop.

Asbury Automotive Group, Inc. (NYSE:ABG) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 32 hedge money portfolios held Asbury Automotive Group, Inc. (NYSE:ABG) astatine the extremity of the 4th fourth which was 30 successful the erstwhile quarter. In the 4th fourth of 2024, Asbury Automotive Group, Inc. (NYSE:ABG) generated $4.5 cardinal successful revenues, up 18% year-over-year. While we admit the imaginable of Asbury Automotive Group, Inc. (NYSE:ABG) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.

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