It's always useful to keep an eye on insiders buying stock in their
own companies. It's particularly intriguing when management is doing it
while integrating a major acquisition. With that in mind, Fools should
keep a close look out for stock in auto parts retailer Advance Auto Parts (NYSE: AAP ) .
Earlier this year, the company completed the purchase of General Parts International -- owner of Carquest and Worldpac stores -- for just more than $2 billion. If the insider buying is a good tell, then the integration plan is working out just fine. It's time to take a closer look.
What the deal means for Advance Auto Parts
The market certainly likes the deal, because Advance Auto has noticeably outperformed its peers Autozone (NYSE: AZO ) , Genuine Parts Company (NYSE: GPC ) , and O'Reilly Automotive (NASDAQ: ORLY ) in the year since it was announced.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED HERE
Earlier this year, the company completed the purchase of General Parts International -- owner of Carquest and Worldpac stores -- for just more than $2 billion. If the insider buying is a good tell, then the integration plan is working out just fine. It's time to take a closer look.
What the deal means for Advance Auto Parts
The market certainly likes the deal, because Advance Auto has noticeably outperformed its peers Autozone (NYSE: AZO ) , Genuine Parts Company (NYSE: GPC ) , and O'Reilly Automotive (NASDAQ: ORLY ) in the year since it was announced.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED HERE
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