Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Does Asbury Automotive Group (ABG) Have a Strong Runway for Growth?

Madison Investments, an investment advisor, released its “Madison Mid Cap Fund” third-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund (Class Y) returned 7.17% compared to the 9.21% increase for the Russell Midcap Index. The Fund returned 12.44%, in the year-to-date nine months, compared to 14.63% for the index. In addition, please check the fund’s top five holdings to know its best picks in 2024.

Madison Mid Cap Fund highlighted stocks like Asbury Automotive Group, Inc. (NYSE:ABG) in its Q2 2024 investor letter. Headquartered...