Published on 10 Apr 2024 on Insider Monkey via Yahoo Finance
Here’s What Black Bear Value Partners Think About AutoNation (AN)
Black Bear Value Partners, an investment management firm, published its first quarter 2024 investor letter, a copy of which can be downloaded here. Black Bear Value Fund returned +3.4% in March and is up +4.6% YTD and the S&P 500 returned +3.2% in March and +10.6% YTD. HFRI Value Index returned +2.9% in March and +4.6 YTD. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Black Bear Value Partners featured stocks AutoNation, Inc. (NYSE:AN) in the first quarter 2024 investor letter. Headquartered in Fort Lauderdale, Florida, AutoNation, Inc. (NYSE:AN) operates as an automotive retailer. On April 9, 2024, AutoNation, Inc. (NYSE:AN) stock closed at $160.27 per share. One-month return of AutoNation, Inc. (NYSE:AN) was 4.07%, and its shares gained 21.60% of their value over the last 52 weeks. AutoNation, Inc. (NYSE:AN) has a market capitalization of $6.681 billion.
Black Bear Value Partners stated the following regarding AutoNation, Inc. (NYSE:AN) in its first quarter 2024 investor letter: