Advance Auto Parts: Beneficial 2024 Guidance, Potential Sale Of Assets, And Undervalued

FG Trade Advance Auto Parts, Inc. (NYSE:AAP) recently delivered beneficial guidance for 2024 and continues to report transformation efforts that may bring FCF margin growth. Taking into account the potential sale of Worldpac and the Canadian business, which may enhance the balance sheet, I believe that AAP is a must-follow stock. There are risks from supply chain issues and the total amount of debt. With that, I believe that Advance Auto does look like a buy at its current market price. Advance Auto Parts: ...