On CNBC's Fast Money Web Extra, Brian Kelly said that auto sales numbers were pretty good. He thinks that Penske Automotive Group, Inc. PAG will do well in this environment, because its sales are related to affluent consumers. PAG sells higher end cars, said Brian Kelly.
Penske Automotive Group, Inc. PAG declined 4.88% today, and closed at $12.67. It had a volume of 1.2M traded shares.
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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasAutomotive RetailBrian KellyConsumer Discretionary
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