Auto Dealerships Stocks Alert: Penske Automotive Group, Sonic Automotive Inc, CarMax, Asbury Automotive Group

Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- 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) moved down 0.71% and closed at $29.32. 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

Sonic Automotive Inc (NYSE:SAH) moved up 0.82% and closed at $22.12. Sonic Automotive, Inc. (Sonic) is engaged in automotive retailing in the United States. As of December 31, 2011, the Company operated 119 dealership franchises in 15 states (represents approximately 30 different automotive brands with the majority of its dealerships being luxury and import brands) and 23 collision repair centers throughout the United States.

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

CarMax, Inc (NYSE:KMX) increased 0.21% and closed at $38.32. 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).

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

Asbury Automotive Group, Inc. (NYSE:ABG) added 1.41% and closed at $33.09. Asbury Automotive Group, Inc. (Asbury) is an automotive retailers in the United States. As of December 31, 2011, the Company operated 99 franchises (79 dealership locations). It offers a range of automotive products and services, including new and used vehicles; vehicle maintenance; replacement parts and collision repair services; new and used vehicle financing, and aftermarket products, such as insurance, warranty and service contracts.

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

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