Browse by ▼

Asbury Automotive Group, Inc.

  • Michael Dell's Top Stocks

    By Marshall Hargrave - June 6, 2013 | Tickers: ABG, DLPH, DIN, PVH

    Most people are unaware that billionaire Michael Dell, the founder of tech giant Dell, has a hedge fund that oversees some $550 million of his personal wealth. Michael Dell formed the MSD Capital hedge fund in 1998, and it's currently managed by Glenn Fuhrman and John Phelan. The fund remains heavily concentrated, with over 80% of its assets vested in its top four stocks (check out MSD's top more »

  • Will Ricky Sandler’s Hot Streak Continue with This Automotive Stock?

    By Meena Krishnamsetty - May 6, 2013 | Tickers: ABG, AN, LAD, PAG, SAH

    Eminence Capital, managed by Ricky Sandler, is coming off a year of excellent returns; ValueWalk named it as one of the 30 best performing hedge funds out of those it tracks (and many of the funds that performed better were focused on mortgages or real estate). Now, the fund has reported a position of 1.7 million shares in Asbury Automotive (NYSE: ABG), a $1.2 billion market cap auto more »

  • This Car Store Could Ride High

    By Marshall Hargrave - April 11, 2013 | Tickers: ABG, AN, KMX

    The nation's largest auto retailer has been down over 8% the past month. AutoNation (NYSE: AN) has an impressive brand and market mix that should help push the company perform better than peers on the back of a rebounding economy and auto industry. 

    What's so impressive about AutoNation?

    AutoNation has three segments, including domestic (32% of revenue), import (50%), and premium luxury (18%). The domestic segment includes stores more »

  • Billionaire Michael Dell's Top Stock Picks

    By Marshall Hargrave - March 19, 2013 | Tickers: ABG, DLPH, DIN, PVH, WEX

    Michael Dell, founder of the tech giant Dell, is one of the richest people in the world, with a net worth in excess of $14 billion. He manages his personal wealth through MSD Capital, which invests in public equity, private equity, and real estate. Michael Dell started MSD in 1998 as a family office in an effort to diversify his wealth beyond the computer company, Dell. MSD Capital runs a more »

  • Where Will These Car Dealerships Take You?

    By Chris Hodge - November 19, 2012 | Tickers: ABG, GPI, LAD, PAG

    The auto industry hasn't gotten much good press lately. The big three American car companies have taken flak for receiving government handouts, individually taking private jets to go beg for these handouts, for consistently losing money by crafting designs that insult the tastes of their intended customers. But at a more grassroots level, there's another group of capitalists in the world of cars and trucks -- the auto dealership more »

  • 5 Reasons to Buy AutoNation

    By Piyush Arora - September 3, 2012 | Tickers: ABG, AN, PAG, SAH

    I’m sure that everybody has heard this from a lot of portfolio managers and consultants: “diversifying your portfolio is important.” The reason primarily to do so is to spread the risks by not betting on one single company. Companies are similarly advised to do so with their business decisions and approach. When we invest in a company that hasn’t diversified its operations, the risk exists that a technology more »

  • Who Really Sold You That New Car?

    By Jonathan Lim - August 15, 2012 | Tickers: ABG, AN, LAD, PAG, SAH

    Cars have caught the American imagination for almost one hundred years, and the auto industry has come a long way from the time Henry Ford quipped that his customers could have the Model T in any color, as long as it was black. Yet in the eye of the buying public, the network of dealerships remains a patchwork quilt of mom-and-pop retailers, even though in many metropolitan areas this is more »

  • Sirius: New Car Sales Will Boost Profits

    By Maxwell Fisher - April 2, 2012 | Tickers: ABG, CMLS, SIRI

    Sirius XM Radio (NASDAQ: SIRI) sits in a unique position for the delivery of entertainment content. The majority of satellite capable radios are installed in vehicles as part of the optional equipment from the factory. Competition for Sirius XM is free broadcast radio. Customers decide to pay the $15 per month for satellite radio due to the broader choices of commercial free music and other programming options not offered by more »