NYSE:AAPSpecialty Retail
Is Advance Auto Parts a Bargain After a 71.3% Five Year Slump?
Wondering if Advance Auto Parts is a beaten down bargain or a value trap? You are not alone, and this is exactly the kind of stock where valuation work really matters.
The share price has slid sharply, down about 11% over the last week, 17.5% in the past month and roughly 71.3% over five years. This tells you sentiment has been reset in a big way.
Recently, the company has been in focus as investors weigh its store refresh initiatives and parts availability improvements against a still...