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Why Advance Auto Parts Stock Accelerated Nearly 5% Higher Today

An analyst upgrade was the foot on Advance Auto Parts (NYSE: AAP) stock’s gas pedal on Tuesday. The company’s shares motored nearly 5% higher in price as a result, speeding well past the benchmark S&P 500 index’s 0.6% increase. A new neutral The pundit behind the change was Sam Hudson of U.K.-based Redburn Atlantic. He…

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Why Advance Auto Parts Stock Is Rising Today

Shares of the aftermarket automotive products company Advance Auto Parts (NYSE: AAP) were climbing today after a report released this week showed that demand for used vehicles is rising. If Americans continue to hold on to their older vehicles, it could help spur more auto parts sales. Investors may have also been pleased to see…