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Advance Auto Parts, Inc. (AAP): A Bull Case Theory

We came across a bullish thesis on Advance Auto Parts, Inc. (AAP) on Substack by Stock Analysis Compilation. In this article, we will summarize the bulls’ thesis on AAP. Advance Auto Parts, Inc. (AAP)'s share was trading at $41.96 as of Dec 19th. AAP’s trailing and forward P/E were 53.11 and 27.10 respectively according to Yahoo Finance.

[caption id="attachment_521646" align="aligncenter" width="750"] Copyright: urfingus / 123RF Stock Photo[/caption]

Advanced Auto Parts (AAP) represents a promising turnaround story in the automotive parts retail and distribution industry....