Auto Dealerships Stocks Alert: Penske Automotive Group, KAR Auction Services Inc, AutoNation, CarMax

Lakeway, TX -- (SBWIRE) -- 03/01/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Penske Automotive Group, Inc.(NYSE:PAG) added 0.44% and closed at $29.76. Penske Automotive Group, Inc. is an automotive retailer engaged in the sale of new and used motor vehicles and related products and services, including vehicle service, collision repair, and placement of finance and lease contracts, third-party insurance products and other aftermarket products.

How Should Investors Trade PAG After The Recent Movement? Find Out Here

KAR Auction Services Inc(NYSE:KAR) is lower 0.09% and closed at $21.22. KAR Auction Services, Inc. is a provider of vehicle auction services in North America. The Company operates in three business segments: ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAAI) and Automotive Finance Corporation (AFC). The Company facilitates a marketplace providing auction services for sellers of used, or whole car, vehicles and salvage vehicles through its 228 physical auction locations at December 31, 2011, and multiple Internet venues.

Is KAR Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

AutoNation, Inc.(NYSE:AN) lost 0.59% and closed at $43.77. AutoNation, Inc. (AutoNation) is an automotive retailer in the United States. As of December 31, 2011, the Company had three operating segments: Domestic, Import, and Premium Luxury. As of December 31, 2011, it owned and operated 258 new vehicle franchises from 215 stores located in the United States, predominantly in metropolitan markets in the Sunbelt region. Its stores sells 32 different brands of new vehicles.

Is AN a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

CarMax, Inc(NYSE:KMX) is lower 0.47% and closed at $38.41. CarMax, Inc. (CarMax) is a holding company and its operations are conducted through its subsidiaries. CarMax also wholesale used vehicles. The Company is a retailer of used cars, based on the 408,080 used vehicles it retailed during the fiscal year ended February 29, 2012 (fiscal 2012).

How Should Investors Trade KMX After The Latest Earnings Report? Find Out Here

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