Advance Auto Parts: Retailers Are Facing Headwinds (NYSE:AAP)

Advance Auto Parts: Retailers Are Facing Headwinds (NYSE:AAP)

Hispanolistic Investment thesis: AAP was the largest automotive aftermarket parts retailer in the US at one point but failed to capitalize on this and quickly lost market share. The company’s performance in recent years has been good, with the stock price seems ignoring this, with the business valued at its 2019/2020 level. Our objective is…