|Last Price$91.54||Day Change (%)-1.78%|
|Open Price$92.82||Day Change ($)-1.66|
|Day Range90.71–92.98||52-Week Range82.15–109.00|
As of Wed 4/1/2015 3:41:00 PM | USD
Research and Markets: Automotive Parts Remanufacturing - 2015 Global Strategic Business Report: Environmental Concerns Drive Auto Industry's Focus on Remanufactured Parts
Monro's acquisition strategy is creating a virtuous cost-advantage cycle, but shares don’t come cheap at the moment, writes Morningstar’s Todd Wenning.
Despite a recent sales-growth slowdown, we remain positive on narrow-moat AutoZone, Genuine Parts , Advance, and O'Reilly over the longer run.
O'Reilly and Advance have expanded their store bases through acquisitions and organic growth, enhancing their cost advantages.