LKQ Corporation (LKQ): A Bull Case Theory 

We came across a bullish thesis on LKQ Corporation on Value & Error’s Substack. In this article, we will summarize the bulls’ thesis on LKQ. LKQ Corporation’s share was trading at $29.18 as of December 2nd. LKQ’s trailing and forward P/E were 10.92 and 8.84 respectively according to Yahoo Finance.

LKQ Corporation (LKQ) is the leading distributor of aftermarket and recycled auto parts in the U.S. and Europe, with a market presence in North...