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LKQ Corporation (LKQ): A Bull Case Theory

We came across a bullish thesis on LKQ Corporation on Waterboy’s Substack by Waterboy. In this article, we will summarize the bulls’ thesis on LKQ. LKQ Corporation's share was trading at $30.47 as of July 29th. LKQ’s trailing and forward P/E were 11.12 and 9.92, respectively according to Yahoo Finance.

[caption id="attachment_1201016" align="aligncenter" width="768"] A worker in a factory using a robotic arm to assemble automotive body panels.[/caption]

LKQ Corporation (LKQ), currently trading at $32.17 with a market cap of $8.16 billion and an enterprise value of $13.82...