NYSE:AAPSpecialty Retail
Is It Time To Reconsider Advance Auto Parts (AAP) After Its Sharp Share Price Rebound
If you are wondering whether Advance Auto Parts is a bargain or a value trap, its recent share price and fundamentals give you plenty to think about.
The stock last closed at US$56.60, with returns of 11.6% over 7 days, 29.1% over 30 days, 45.5% year to date and 23.2% over 1 year, set against a 3 year return of negative 59.8% and a 5 year return of negative 59.0%.
Recent news coverage has focused on how the company is repositioning itself in the competitive auto parts retail space and what...