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

We came across a bullish thesis on Advance Auto Parts, Inc. on DeepValue Capital’s Substack. In this article, we will summarize the bulls’ thesis on AAP. Advance Auto Parts, Inc.'s share was trading at $52.69 as of December 2nd. AAP’s trailing and forward P/E were 174.78 and 20.75 respectively according to Yahoo Finance.

[caption id="attachment_520381" align="aligncenter" width="750"] Copyright: wihtgod / 123RF Stock Photo[/caption]

Advance Auto Parts (AAP) is one of North America’s largest aftermarket auto parts retailers, operating over 4,000 company-owned Advance...