Is AAP a good stock to buy? We came across a bullish thesis on Advance Auto Parts, Inc. on DeepValue Capital’s Substack. Since the thesis was published on June 18th, AAP shares have pulled back as weaker DIY demand and softer sales overshadowed margin gains, creating a near-term hurdle even as the recovery since August offers some encouragement for the turnaround case. In this article, we will summarize the bulls’ thesis on AAP. Advance Auto Parts, Inc.’s share was trading at $45.73 as...
