Up 31% In the Last Month

Penske Automotive Groups (PAG) stock has risen 31% in the last month mostly from July 13th to 16th and has managed to hold that strength right up to the end of market today. There are several reasons for this, the main one being that Penske was able to beat analyst estimates of their quarterly earningsContinue reading “Up 31% In the Last Month”

Earnings Season

The first earnings season since Covid 19 has actually been pretty good for most stocks considering the lockdown, mass unemployment and the lockdowns that have gone on since the pandemic started. There are several reasons for this. The first reason is the huge drops all the main markets (over 30% for most exchanges) took atContinue reading “Earnings Season”