Compounding Dividends

Compounding Dividends

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🔥 Stock Idea: Genuine Parts Company
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Stock Ideas

🔥 Stock Idea: Genuine Parts Company

Investment case Genuine Parts Company

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Compounding Dividends
Nov 24, 2024
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🔥 Stock Idea: Genuine Parts Company
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I have an interesting stock idea for you today: Genuine Parts Company.

Genuine Parts Company sells auto parts and industrial supplies.

We believe it’s currently trading at an attractive valuation level.

After missing earnings and reducing guidance, GPC is down 25% from its April highs.

Source: Finchat

Why did GPC miss earnings so badly?

  • GPC has been investing…

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