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Advance Auto Parts, Inc.

  • An Expensive Stock Selling Cheaper Alternative Products

    By Mark Lin - May 17, 2013 | Tickers: AAP, LKQ, PBY

    An increasing number of customers are seeking cheaper alternatives to original OEM products to lower repair costs. LKQ (NASDAQ: LKQ), a distributor of alternative repair products to professional repair shops, is a beneficiary of such a trend. However, current valuations for LKQ are expensive at 19.3 times forward P/E and 1.2 times PEG. Is the stock a buy at these levels? Let's check out.

    Insurance carriers more »

  • Auto Parts Retailers Are Revving it Up

    By Damon Churchwell - May 1, 2013 | Tickers: AAP, AZO, ORLY, PBY

    Solid results from the likes of O'Reilly Automotive (NASDAQ: ORLY), a retailer, as well as several wholesale auto parts suppliers, jumpstarted the stocks of previously floundering do-it-yourself stores. O'Reilly's earnings per share rose to $1.38 from $1.14 in the prior-year period. Share repurchases supported the upturn. Same-store sales climbed only 0.6% year over year, though the outlook for mid-single-digit sales growth in the June more »

  • Why the Bull Market in Stocks Is Far From Over

    By Justin Carley - April 27, 2013 | Tickers: AAP, AZO, XLY

    Consumer discretionary names such auto part companies, hotels, retailing, and media historically lead the performance of the broader based S&P 500. This is due to the importance consumer spending in GDP, at roughly 70%. The market will exhibit its usual gyrations, but investors should be concerned about a market top when consumer discretionary companies notably under-perform the S&P 500 for a three month period. 

    The graph below shows more »

  • Achieve Double Digit Gains From Aging Cars

    By Ken McGaha - April 22, 2013 | Tickers: AAP, AZO, ORLY, PBY

    No matter what the current economic conditions are, there is virtually always some segment of the business community that will be able to benefit from it. When the economy is bad and consumers are fearful, they will take actions to defer major expenses into the future and save their money to pay existing bills.

    The decision to purchase a new car is an easy one to postpone, as it is more »

  • These Stocks Might Continue to Defy Gravity This Year

    By Harsh Chauhan - April 19, 2013 | Tickers: AAP, AZO, ORLY

    Confidence in the economy, tax refunds, and low-cost financing are some of the reasons that have driven car sales higher so far this year. According to USA Today, income tax refunds have helped consumers make the down payments for new cars and replace older vehicles that have been on the road for around 11 years.

    However, stocks of companies that sell aftermarket auto parts have done well this year, despite more »

  • Minor Improvements Will Send This Stock Soaring

    By Ted Cooper - April 18, 2013 | Tickers: AAP, AZO, ORLY

    Demand for aftermarket auto parts has soared in recent years as deleveraging consumers put off buying new cars in favor of repairing old ones. This has been a tremendous boon to auto parts suppliers like AutoZone (NYSE: AZO) and O'Reilly Automotive (NASDAQ: ORLY), which have profited tremendously from the increase in demand.

    However, Advance Auto Parts (NYSE: AAP) has not done quite as well as its peers. Although it more »

  • Achieve Double Digit Gains from Aging Cars

    By Ken McGaha - April 17, 2013 | Tickers: AAP, AZO, ORLY, PBY

    No matter what the current economic conditions, there is virtually always some segment of the business community that will be able to benefit from it. When the economy is bad and consumers are fearful, they will take actions to defer major expenses into the future and save their money to pay existing bills. The decision to purchase a new car is an easy one to postpone as it is almost more »

  • Minor Improvement will Send This Stock Soaring

    By Ted Cooper - April 16, 2013 | Tickers: AAP, AZO, ORLY

    Demand for aftermarket auto parts has soared in recent years as deleveraging consumers put off buying new cars in favor of repairing old ones. This has been a tremendous boon to auto parts suppliers like AutoZone (NYSE: AZO) and O'Reilly Automotive (NASDAQ: ORLY), which have profited tremendously from the increased in demand.

    However, Advance Auto Parts (NYSE: AAP) has not done quite as well as its peers. Although it more »

  • These Stocks Might Continue to Defy Gravity This Year

    By Harsh Chauhan - April 6, 2013 | Tickers: AAP, AZO, ORLY

    Confidence in the economy, tax refunds, and low-cost financing are some of the reasons that have driven car sales higher so far this year. According to USA Today, income tax refunds have helped consumers make the down payments for new cars and replace older vehicles that have been on the road for around 11 years.

    However, stocks of companies that sell aftermarket auto parts have done well this year, despite more »

  • These Stocks Might Continue to Defy Gravity This Year

    By Harsh Chauhan - April 6, 2013 | Tickers: AAP, AZO, ORLY

    Confidence in the economy, tax refunds, and low-cost financing are some of the reasons that have driven car sales higher so far this year. According to USA Today, income tax refunds have helped consumers make the down payments for new cars and replace older vehicles that have been on the road for around 11 years.

    However, stocks of companies that sell aftermarket auto parts have done well this year, despite more »

  • These Stocks Might Continue to Defy Gravity This Year

    By Harsh Chauhan - April 3, 2013 | Tickers: AAP, AZO, ORLY

    Confidence in the economy, tax refunds, and low-cost financing are some of the reasons that have driven car sales higher so far this year. According to USA Today, income tax refunds have helped consumers make the down payments for new cars and replace older vehicles that have been on the road for around 11 years.

    However, stocks of companies that sell aftermarket auto parts have done well this year, despite more »

  • Buy AutoNation on Continued Strength in Consumer Spending and Pent-Up Demand

    By Brendan O'Boyle - April 2, 2013 | Tickers: AAP, AN, AZO, KMX, PAG

    As the economic recovery continues to chug along it seems likely that pent-up demand will benefit certain sectors of the economy. Specifically, consumers may be ready to consider buying larger items that they postponed purchasing due to economic concerns. With the current rebound in the stock and housing markets, many consumers are feeling wealthier and more secure, which may translate into increased consumer spending.

    While the U.S. auto market more »

  • 5 Stocks Hedge Funds Love

    By Marshall Hargrave - March 15, 2013 | Tickers: AAP, ABX, SBUX, VRX, WMB

    After reviewing the hedge fund filings for last quarter, there are five stocks that stood out as being loved by hedge funds. The hedge fund activity in these five stocks were flagged as "unusual" in the sense that they saw a number of major investors that have to disclose their holdings to the SEC quarterly upping their stakes in the company. A few are "under the radar" picks and lesser more »

  • Billionaire James Dinan’s New Stock Picks

    By Meena Krishnamsetty - March 4, 2013 | Tickers: AAP, CP, PDH, RLGY, TWTC

    Six to seven weeks after the end of a quarter, hedge funds and many other investors are required to file 13Fs with the SEC. These filings allow the broader financial community to see many of their long equity positions in U.S. stocks as of the end of the previous quarter. We have found that investment strategies can be derived from the information in 13Fs; for example, the most popular more »

  • The Biggest Auto Parts Retailer Is Also The Best Investment

    By Matthew Frankel - February 20, 2013 | Tickers: AAP, AZO, ORLY, WMT

    AutoZone (NYSE: AZO) is the leading specialty retailer of automotive parts and accessories, with about 5,000 stores throughout the United States and Mexico and about a 19.6% market share.  Investors in AutoZone have done very well; thanks to steadily increasing revenues (see below), better margins, and one of the best share repurchase programs I have seen in the entire market. 

    AutoZone actually flourished during the latest recession, as more »

  • Is O'Reilly a Buy After Being Revved Up?

    By Marshall Hargrave - February 19, 2013 | Tickers: AAP, AZO, ORLY, PBY

    O'Reilly Automotive (NASDAQ: ORLY) was up over 9% on the news that the auto parts company posted record earnings. After the run up, is there room for the stock to go higher? Quite possibly, but the better bet on the auto parts industry might be one of its peers, AutoZone (NYSE: AZO). 

    O'Reilly posted posted EPS of $1.14, compared to $0.94 from a year ago, and more »

  • 3 Mistaken Reasons to Sell AutoZone

    By Robert Baillieul - February 19, 2013 | Tickers: AAP, AZO, ORLY

    Shares of AutoZone (NYSE: AZO) have been stuck in idle over the past year due to persistent fears of slowing industry growth and lofty valuation multiples.  But cracks are beginning to emerge in the bear thesis.  

    Let’s review the top three mistaken reasons to sell AutoZone.

    Slowing growth

    Bear Argument: The recession forced many Americans to hold on to their vehicles longer, creating a boom for the auto parts more »

  • 1 Improving Stock You Should Consider Buying Right Now

    By Harsh Chauhan - February 19, 2013 | Tickers: AAP, AZO, ORLY

    After a gap of almost nine months, I decided to take a look at a stock about which I used to be quite bullish. Unsurprisingly, the stock has gained a tad over 13% since then, and has also managed to turn analyst sentiment from negative to positive. The last time I looked, Advance Auto Parts (NYSE: AAP) was coming off a woeful quarter and it wasn’t expecting a bright more »

  • Will 2013 Be Another Good Year for Auto Retailers?

    By Masam Abbas - February 15, 2013 | Tickers: AAP, AZO, ORLY

    The hardline retail industry had a great 2012. However, investors aren’t sure if 2013 will bring the same gains as last year. It is interesting to note that the retail industry is said to move in tandem with the economy. However, it was a surprise for investors that despite a challenging macro environment in 2012, the retail sector saw big gains. In order to form some judgment on the more »

  • Is There a Reason to Be Optimistic about Advance Auto Parts?

    By Rhodora Dagatan - February 14, 2013 | Tickers: AAP, AZO, ORLY

    On Jan. 29, the closing bell saw Advance Auto Parts (NYSE: AAP) shares drop to $74.57, a -1.80% change of $1.37. It ranged from a low of $74.49 to a high of $75.83 for that day, while the past 52 weeks saw it trade at a high point of $93.08 to a low of $60.87. In the third quarter of 2012, AAP lost more »

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