These three stocks performed well in 2018 but look overvalued as the market grows more volatile.
A look at two of the featured stocks from this month’s model portfolios.
Automobiles have become a ubiquitous method of transportation for humans. People are used to driving cars for working, shopping, and traveling. Given the necessity, famous automakers like General
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Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,976 stores as of the end of 2020, in addition to servicing 1,277 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 57% of its 2020 sales from commercial clients, up from 30%-40% before the General Parts deal.
| Website: | www.advanceautoparts.com |
| Email: | invrelations@advanceautoparts.com |
| Main Phone: | +1 540 362-4911 |
| Address: | 2635 East Millbrook Road |
| State: | NC |
| City / Town: | Raleigh |
| Country: | US |
| Postal Code: | 27604 |
| Exchange: | NYE |
| CEO: | Thomas R. Greco |
| Employees: | 68000 |
| NAICS: | Automotive Parts and Accessories Stores(441310) |
These three stocks performed well in 2018 but look overvalued as the market grows more volatile.
A look at two of the featured stocks from this month’s model portfolios.
Automobiles have become a ubiquitous method of transportation for humans. People are used to driving cars for working, shopping, and traveling. Given the necessity, famous automakers like General
Due to sagging consumer spending, auto parts retailers are more or less sinking except Pep Boys (PBY) . Shares of PBY are up 8.08 percent to $11.37 on June 10, continuing the momentum it gained in
On July 1 Equities.com spotlighted five companies that are a part of one of the fastest growing segments in American retail: auto parts. The reason behind that industry's surge is directly
Advanced Auto Parts (AAP) is making a move to become the biggest player in the North American auto parts industry, saying on Wednesday that it has agreed to acquire privately held General Parts
One unusual after-affect of the Great Recession has been a boom for automotive parts stores. In a credit crunch, people are less likely to make big purchases, and more likely to try to keep the
Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again.- John Maynard Keynes, A Tract on
The Dow Industrial Average traded down to 13,094.96 in early trading than traded up to 13,180.97 into the final half hour of trading. The NASDAQ traded down to 3003.38 in early trading then
The Dow Jones Industrial Average traded around the 12,900 mark between 12,846.41 and 12,924.71. The NASDAQ stayed above 2900 in a range and was trading above 2930 going into the final half hour of
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