2 Stocks to Watch From the Promising Auto Replacement Parts Industry
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The aging vehicle fleet continues to drive growth for the Zacks Automotive Replacement Parts industry as consumers focus on replacing faulty components to keep older cars functional. The increasing complexity of modern, tech-driven vehicles further expands opportunities for the sector. Additionally, high interest rates and affordability concerns are encouraging repairs over new vehicle purchases, boosting demand. The industry’s valuation is also attractive compared to the sector and the S&P 500. Industry p ...