AAP News and Press, Advance Auto Parts Inc W/I From 04/18/24

2024-04-18 12:20:00 ET Summary In March, fallen angels outperformed the broad high yield market. The majority of the outperformance can be attributed to tighter credit spreads. Although bond yields remain elevated, and we expect to continue to see bouts of rate volatility, we ...

2024-04-13 03:36:48 ET Summary Advance Auto Parts is an aftermarket parts provider in the US, serving both commercial and DIY markets. AAP's growth has been cyclical, with recent decline in revenue and profit margins. The potential upside is attractive if AAP's new management ...

2024-04-10 06:15:00 ET Summary The Palm Valley Capital Fund invests in small cap stocks. While our Fund is new, its underlying absolute return-based investment strategy is not. We have practiced the same strategy throughout our careers in investment management. For the quarter end...

2024-04-02 08:00:08 ET Scot Ciccarelli from Truist Financial issued a price target of $70.00 for AAP on 2024-04-02 07:16:00. The adjusted price target was set to $70.00. At the time of the announcement, AAP was trading at $85.43. The overall price target consensus is at ...

2024-03-29 13:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-03-21 15:21:09 ET Summary In the last week(s) we have put on tactical hedges/shorts across our portfolio. While the indices look a little vulnerable here, there are many high-quality companies and turnaround stories that are just beginning their turnaround. One thing I am...

2024-03-19 06:30:00 ET More on consumer stocks Wayfair: Newly Launched Initiative To Support Share Gain Momentum Mister Car Wash's: Downgrade To Hold For The Near-Term Due To Uncertainties Lowe's Companies Is Still A Buy For The Long Run Lowe's dips after ful...

2024-03-18 12:28:56 ET Summary Schwab U.S. Dividend Equity ETF™ has undergone a major change in its holdings, eliminating and replacing 23 stocks contributing 1/5 of its dividend. Four of the added stocks are flagged as very risky by Seeking Alpha's Quant rating system...

2024-03-18 01:27:57 ET Summary Third Point gains activist stake in Advance Auto Parts, causing the stock to jump. Those who buy high-quality assets at low prices benefit when billionaire activists enter the same companies. Positive developments for 3M include a new CEO, a heal...

2024-03-16 04:00:00 ET Summary In February, fallen angels underperformed the broad high yield market by 0.70%. Year-to-date, fallen angels are behind by 0.14%, posting returns of 0.17% versus 0.32% for the broad high yield market. The yields on fallen angels recently surpassed...