Here’s Why The Auto Parts Sector Looks Attractive, And Here Are Three Potential Picks
Q2 2022 hedge fund letters, conferences and more Two Trends That Support The Thesis For Auto Part StocksThe issue has resulted in two trends, both of which support the thesis that auto parts stocks may be good buys right now. The first is that the prices for both new and used cars have skyrocketed over the last year. In June, Fortune reported that new vehicle prices had risen 12.6% year over year, while prices for used cars and trucks were up 16% since last year. The other trend has resulted from that first trend. The higher vehicle prices are causing drivers to keep their cars for significant...