Wednesday, September 2, 2015

Is Advance Auto Parts a Stock to Buy?

Back in October of last year, I took a look at the investment prospects  for Advance Auto Parts, (NYSE: AAP) stock. The investment case for buying the stock rests on the successful integration of General Parts International, a deal that results in Advance Auto becoming the largest auto parts retailer in the U.S.

With the stock up more than 25% since October, I thought it would be time to update investors on progress with the integration. Is it going smoothly enough to justify the stock price move?


READ THE FULL EQUITY RESEARCH ARTICLE LINKED