Margins Over Mergers: A New Era For LKQ (NASDAQ:LKQ)

LKQ Corporation ( LKQ ) is currently pivoting from an aggressive M&A-led growth strategy to a mature, cash-generative model. While the stock currently trades at a historical discount due to cyclical headwinds and recent acquisition challenges, the long-term thesis remains robust. Under encouragement from activistI manage a handful of portfolios, all of which have outperformed the S&P 500 index since inception in 2020. I like to evaluate companies as a business - not a stock ticker - and invest when I judge ...