Did Hedge Funds Make The Right Call On Penske Automotive Group, Inc. (PAG) ?
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards Penske Automotive Group, Inc. (NYSE:PAG) at the end of the first quarter and determine whether the smart money was really smar…
