WendellandCarolyn/iStock via Getty Images At the start of this year, I believed that shares of Carrier Global (NYSE:CARR) were carrying a great deal of momentum into 2024. Since the company was spun-off from United Technologies (which itself now belongs to RTX (RTX)), the company has quickly built up a solid value creating track record, as…
RapidEye Motorcar Parts of America, Inc. (NASDAQ:MPAA) primarily manufactures and remanufactures aftermarket automotive parts, and sells diagnostic equipment for alternators and starters with applications in ICE and electric vehicles. In the aftermarket car parts segment, Motorcar Parts of America’s (“MPA”) largest product types are rotating electrical parts, which include alternators and starters, brake related products,…
FG Trade After my first article, I continue my studies about dividend companies. As I was navigating the internet, I came across a particular business working in an intriguing sector: Genuine Parts Company (NYSE:GPC), a company distributing automotive replacement parts and industrial components. Over the last five years, it was not able to compound its…
Rasi Bhadramani Late September, I believed that there were a lot of questions in the case of Masimo (NASDAQ:MASI) following its “diworsificaion” deal for Sound United last year, a move which caused a lot of concerns among investors, wondering if the company moved away from its core expertise. Concerns rose further this year as the…
RealPeopleGroup Here at the Lab, we love Genuine Parts (NYSE:GPC), and today, we are back to comment on the latest company development. Given the minus 22.5% on a year-to-date stock price performance, we believe there are at least five reasons to re-enter. Still, to support our investment thesis, we should recall our MACRO to MICRO…
MichaelRLopez/iStock Editorial via Getty Images Shares of Marathon Petroleum (NYSE:MPC) have been a strong performer over the past year, rising by about 23% as the company has been aggressively reducing its share count with its excess cash on hand and strong free cash flow. Several year ago, I argued MPC was a strong buy due…
jittawit.21 Our wretched species is so made that those who walk on the well-trodden path always throw stones at those who are showing a new road.”― Voltaire. Today, we put Innoviva, Inc. (NASDAQ:INVA) in the spotlight. As can be seen in the chart below, it has been somewhat of a rollercoaster ride for the shareholder…
Getty Images It’s been more than a year since I initiated a buy rating on Sony Group Corporation (NYSE:SONY). That seems a good amount of time to follow up on that initial piece, especially given the significant depreciation in the Yen that took place since then. The Original Sony Thesis The argument I made last…
Kira-Yan Background We wrote up Facebook, now Meta Platforms, Inc. (NASDAQ:META), back in September 2019 here and recommended it as a solid Compounder and cash flow generator. When the business model had inflected dramatically (for the worse owing to iOS changes and capital allocation decisions), we sold our shares. At the time, not only had…
vadimguzhva/iStock via Getty Images Shares of Advance Auto Parts (NYSE:AAP) have been a poor performer over the past year as the company’s shift to prioritizing its own brands has gone poorly, costing it market share and causing margins to contract. Shares fell another 7% on Tuesday as S&P downgraded AAP into “junk territory,” which may…
LSOphoto/iStock via Getty Images Genuine Parts Company (NYSE:GPC) sells replacement parts in the automotive industry. The company has achieved good growth in recent years, but as the company’s growth seems to be maintained only through frequent acquisitions instead of organic growth, I believe investors should stay cautious. The current valuation seems to reflect quite minimal…