Fund Gurus

Pendragon: A UK Autodealership Benefiting From A UK Recovery

Pendragon PLC

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.

The Business

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.

Business Model

Pendragon's business model of retailing new and used vehicles and the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details