Monday, December 7, 2015

Advance Auto Parts Looks a Good Value

The investment idea behind buying Advance Auto Parts is based on the belief that the company can play catch-up with rivals such as AutoZone and O'Reilly Automotive. It's an attractive proposition because Advance currently trades at a substantial discount to its peers. In my view, closing the gap could result in a near doubling of the stock price. But can Advance really achieve its aims? Here is what you need to know before buying the stock. 

READ THE FULL EQUITY RESEARCH ARTICLE LINKED