Pendragon PLC (OTC:PDGNF) is the UK's largest car dealership. This cyclical stock has experienced considerable success over the last 12months, but with continued signs of economic growth in the UK, an aging car fleet and improved consumer confidence there is still potential for this stock to continue to perform. It's national footprint, economies of scale and investment in its internet business give it competitive advantages over its UK peers.
Pendragon's main operation is within the UK, with a small presence in California. Within the UK its business is split into four major divisions; aftersales, used vehicle, new vehicle and support businesses.
Pendragon's business model of retailing new and used vehicles and the...
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