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Posted by
Two Blokes Jun 26 -
Filed in
Stock
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4 views
Despite recent underperformance and margin pressure, Asbury Automotive Group, Inc. remains attractively valued relative to peers, supporting my continued 'buy' rating. The company demonstrates strong top-line growth through acquisitions, notably the Herb Chambers Companies deal, expanding its dealership footprint and revenue base. Profitability has been challenged by margin compression in both new and used vehicles due to inventory normalization and affordability issues, but parts and services remain resilient.
