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Enter Symbol:
 
Advance Auto Parts Inc (AAP) [hlAlert]

Rating:
Mkt Outperform
AAP
up 305.68 %

Advance Auto Parts Inc (AAP) rated Mkt Outperform with price target $50 by Avondale

Posted on: Tuesday,  Aug 25, 2009  8:25 AM ET by Avondale

Avondale rated Mkt Outperform Advance Auto Parts Inc (NYSE: AAP) on 08/25/2009, when the stock price was $43.44.
Since then, Advance Auto Parts Inc has gained 305.69% as of 01/15/2016's recent price of $176.23.
If you would have followed this Avondale's recommendation on AAP, you would have gained 305.68% of your investment in 2334 days.

Advance Auto Parts, Inc. (Advance) operates within the United States automotive aftermarket industry, which includes replacement parts (excluding tires), accessories, maintenance items, batteries and automotive chemicals for cars and light trucks (pickup trucks, vans, minivans and sport utility vehicles). The Company is a specialty retailer of automotive parts, accessories and maintenance items to do-it-yourself (DIY) and do-it-for-me (DIFM) or commercial customers in the United States. Advance operates in two business segments: Advance Auto Parts (AAP) and Autopart International (AI). The AAP segment consists of its store operations within the United States, Puerto Rico and the Virgin Islands, which operates under the trade names Advance Auto Parts, Advance Discount Auto Parts and Western Auto. The AI segment consists solely of the operations of Autopart International, which operates as an independent, wholly owned subsidiary.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/25/2009 8:25 AM Buy
None
43.44 50.00
as of 12/31/2009
1 Week up  53.47 %
1 Month up  61.60 %
3 Months up  61.68 %
1 YTD up  46.20 %

(*) Stock Price at the time of the recommendation.
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