Can This $1.2 Billion Deal Turn a Longtime Losing Stock Into a Winner?

Source The Motley Fool

In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Advance Auto Parts' (NYSE: AAP) recent $1.2 billion asset sale and how it's trying to use that money to fix a struggling business. They also break down why Autozone (NYSE: AZO) and O'Reilly Automotive (NASDAQ: ORLY) have been massive winners and even Genuine Parts (NYSE: GPC), which hasn't done well, has been a better stock than Advance Auto Parts.

*Stock prices used were from the afternoon of Nov. 5, 2024. The video was published on Nov. 16, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $23,818!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,221!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $451,527!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of November 11, 2024

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Grayscale Reveals 35 Altcoins Under Consideration for Investment ProductGrayscale has recently unveiled a list of altcoins that may soon become part of the company’s investment products.The investment community often views Grayscale’s candidates as a reference point for b
Author  Beincrypto
Oct 14, Mon
Grayscale has recently unveiled a list of altcoins that may soon become part of the company’s investment products.The investment community often views Grayscale’s candidates as a reference point for b
placeholder
Billionaires Bill Gates, Jeff Bezos, and Sam Altman Are Investing in Nuclear Energy Hand Over Fist. Should You?Like Bezos, Gates no longer runs the company he helped found but is still Microsoft's chairman of the board. Microsoft is investing in nuclear energy through a deal with Constellation Energy (NASDAQ: CEG) to reboot the Three Mile Island nuclear plant. The tech giant wants more electricity to power its data centers.
Author  The Motley Fool
Nov 11, Mon
Like Bezos, Gates no longer runs the company he helped found but is still Microsoft's chairman of the board. Microsoft is investing in nuclear energy through a deal with Constellation Energy (NASDAQ: CEG) to reboot the Three Mile Island nuclear plant. The tech giant wants more electricity to power its data centers.
placeholder
18 US States File Suit Against SEC for “Unconstitutional Overreach”A new lawsuit signed by 18 Republican Attorneys General accuses the SEC of unfair practices in prior crypto crackdowns. The suit names the SEC and all five of its Commissioners.
Author  Beincrypto
Yesterday 06: 42
A new lawsuit signed by 18 Republican Attorneys General accuses the SEC of unfair practices in prior crypto crackdowns. The suit names the SEC and all five of its Commissioners.
placeholder
China Could Reassess Crypto Ban Due To Trump, HashKey CEO ClaimsHashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.
Author  Bitcoinist
Yesterday 06: 55
HashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.
goTop
quote