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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.

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

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 America 15 times...