Black Bear Value Partners’ investor letter for the second quarter of 2025 revealed a -3.0% return in June and -10.5% in the quarter, with a -11.7% YTD return. Asbury Automotive Group, Inc. saw a 12.06% one-month return, closing at $263.32 per share on July 14, 2025, with a $5.177 billion market cap.
In the same letter, Black Bear Value Partners highlighted Asbury Automotive Group, Inc. (NYSE: ABG) as a strong investment option. The company operates auto dealerships across the United States, with a focus on parts and services generating over 50% of profits. The stock closed at $263.32 with a market capitalization of $5.177 billion on July 14, 2025.
Despite Asbury Automotive Group, Inc. (NYSE: ABG) not being among the 30 most popular stocks among hedge funds, the company saw an increase in the number of hedge fund portfolios holding its shares. Asbury Automotive Group, Inc. (NYSE: ABG) offers potential as an investment, but certain AI stocks may provide greater upside potential with lower downside risk.
Read more at Yahoo Finance: Here’s Black Bear Value Partners’ Comment on Asbury Automotive Group (ABG)