Monro: Collect The Dividend Until The Tires Need A Change
Monro(MNRO) Seeking Alpha·2024-08-12 09:22
x-reflexnaja/iStock via Getty Images Monro (NASDAQ:MNRO) serves car owners with new tires and other car parts repair services such as oil change. The investment thesis revolves around a potential business turnaround. Monro's profitable business, strong balance sheet and the dividend protects investor's downside. Turnaround could provide an investor opportunity for capital appreciation. Monro has been suffering from the weakness of its main product category - tires. Although Monro's business is still in decl ...