Penske Revs Up Buy Point On 698% EPS Growth, AI-Driven Way For Users To Buy Cars Online

Penske Automotive (PAG) is revving up a potential new breakout as it debuts a new automated platform to help people buy cars online. That move comes as Penske already has its foot on the pedal, driving 698% earnings growth and a 91% spike in revenue last quarter.


Like some of the high-performance cars Penske sells, PAG stock has motored its way onto a spot on the IBD Breakout Stocks Index.

Penske Automotive has a 95 Composite Rating, putting it within the top 5% of all companies based on the most important stock-picking traits.

In Stock Checkup, Penske ranks No. 4 within the automotive retailers industry. AutoNation (AN), Asbury Automotive (ABG) and Lazydays (LAZY) are also among the top car dealers in the group.

Penske Innovates How People Buy Cars Online

In July, Penske Automotive and Cox Automotive

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