Monday, February 22, 2016

Is Advance Auto Parts a Buy?

Advance Auto Parts offers a lot to investors in 2016: It's a deep-value stock in a recession-resistant industry. Same-store sales increased during the last recession for it, O'Reilly Automotive, and AutoZone, and through its 2014 acquisition of General Parts International (owner of Carquest and Worldpac), the company has an opportunity to raise its margin to the level of its peers.
Let's take a look at the latest fourth-quarter results and asses the investment proposition.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED