Validea upgrades Earnings Yield Investor model rating for Asbury Automotive Group, showing some interest.

From Nasdaq: 2024-12-31 06:20:03

Today’s upgrades for Validea’s Earnings Yield Investor model include ASBURY AUTOMOTIVE GROUP, INC. (ABG), a mid-cap value stock in the Retail (Specialty) industry. The rating according to Joel Greenblatt’s strategy changed from 70% to 80%, indicating some interest in the stock. Asbury Automotive Group offers automotive products and services through dealerships and Total Care Auto. The stock analysis shows a neutral earnings yield and return on tangible capital, resulting in a final ranking of fail by the model. Joel Greenblatt’s investment strategies have a proven track record of outperforming the market, with the “Magic Formula” yielding impressive returns over the years. Validea is an investment research service that follows the strategies of investment legends like Greenblatt, Buffett, Graham, Lynch, and Zweig.



Read more at Nasdaq: Validea Joel Greenblatt Strategy Daily Upgrade Report – 12/31/2024