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Stock impact report

Advance Auto Parts: Turnaround Is Progressing (Rating Upgrade) [Seeking Alpha]

Advance Auto Parts Inc. (AAP) 
Last advance auto parts inc. earnings: 2/18 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
AAP has successfully raised prices to offset tariff costs but faces challenges from cautious consumer spending and a weaker DIY segment. Despite improved supply chain and cost controls, free cash flow remains negative due to working capital needs and restructuring expenses. With shares now fairly valued and turnaround momentum building, I upgrade AAP to 'hold,' awaiting a lower entry point for a more attractive buy. M. Suhail/iStock Editorial via Getty Images Shares of Advance Auto Parts ( AAP ) are up 25% over the past year, though performance has been very volatile as investors gauge what has been a choppy turnaround effort. Indeed, shares are down over 20% from their This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation Show less Read more
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