Wednesday, June 29, 2016

Why Advance Auto Parts is a Buy

Auto parts retailer Advance Auto Parts Inc.  has serially disappointed investors in the last year, while peers such as AutoZone, Inc.  and O'Reilly Automotive Inc.  have powered ahead in terms of operational performance and stock price.

Advance Auto parts is having difficulty integrating an acquisition that was supposed to transform the company's fortunes. Meanwhile, senior management have left and company guidance has been slashed for 2016. Is it madness to consider buying the stock? I don't think so, and here's why.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED

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