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This Auto Dealer Stock Has Caught the Attention of Top Emerging Funds – Will It Pay Off for the Bulls?

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Michelle deBoer-Jones
Published on
Asbury Automotive Group ABG
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The auto dealer sector is widely seen as very cyclical and more recently, facing potential danger from increased tariffs. The impacts of tariffs have become increasingly clear as the year has gone on, raising costs for automakers, putting the crump on profit margins, and pressing vehicle prices through the roof.

Also see: Hedge Funds Are Split On This CRO Stock: Will The Bulls Or Bears Take It?

However, that’s not keeping many hedge funds from diving

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.