Sell: Advance Auto Parts, Inc. (AAP)
From The Turnaround Letter
Updated from Wall Street’s Best Investments 798, October 18, 2017
The shares of Advance Auto Parts, Inc. (AAP) have been strong, and we believe the valuation now reflects the strong fundamental improvements in the business. Therefore, we are changing our rating to SELL.
Nancy’s note: We recommended AAP at $88.11—congratulations on your fantastic profit!
George Putnam III, The Turnaround Letter, www.turnaroundletter.com, 617-573-9550, December 2018