AZO - Buy the Dip on Advance Auto Parts? 1 Number That Screams Warning Sign and 2 Better Competitors Worth Buying Instead
2023-07-16 06:35:00 ET
Advance Auto Parts (NYSE: AAP) shares have been smashed this year. But before buying the dip, Motley Fool contributors Jason Hall and Tyler Crowe think investors should look at AutoZone (NYSE: AZO) and O'Reilly Auto Parts (NASDAQ: ORLY) first, and explain the one number that breaks down why these two have been far better investments than their struggling competitor.
*Stock prices used were from the afternoon of July 7, 2023. The video was published on July 16, 2023.
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Buy the Dip on Advance Auto Parts? 1 Number That Screams Warning Sign, and 2 Better Competitors Worth Buying Instead