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home / news releases / GPC - Genuine Parts: Buy Rated On Promising Signs Of Growth Turnaround

GPC - Genuine Parts: Buy Rated On Promising Signs Of Growth Turnaround

Genuine Parts Company

2024-04-20 03:55:57 ET

Summary

  • I recommend a buy rating for GPC, as I am positive about the signs of turnaround.
  • The Automotive Parts Group (APG) segment is showing positive signs of growth, particularly in the US market.
  • The Industrial Parts Group (IPG) segment may be nearing a turnaround, supported by the uptick in the US ISM Manufacturing PMI.

Investment summary

For further details see:

Genuine Parts: Buy Rated On Promising Signs Of Growth Turnaround
Stock Information
Company Name: Genuine Parts Company
Stock Symbol: GPC
Market: NYSE
Website: genpt.com
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