2024-04-16 06:39:37 ET
Summary
- Group 1 Automotive has experienced mixed results in recent years, but management is making big moves and further upside is expected.
- The company recently acquired 54 dealership locations in the UK, bringing in $2.7 billion in revenue and increasing its exposure in the country.
- The UK automotive market is rebounding, and Group 1 Automotive's acquisitions position it well for growth in the hot market.
I don't know about you, but the more I invest, the more I have come to conclude that it is an experience of perpetual regret. Even when things go right, you ask yourself why you didn't buy more of something. A great example I could point to regarding my own portfolio involves a company called Group 1 Automotive ( GPI ). This business operates as an automotive retailer. And in recent years, management has grown rapidly by means of acquisition. At one point, I sold some of my shares of the company. But the shares that I do have right now I am up about 31% on....
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Group 1 Automotive: Rapid Growth And Cheap Shares Perfect Recipe For Success