Aptiv: Executing Well Amidst A Challenging Market

jetcityimage Aptiv (NYSE:APTV) reported 1Q24 results that surpassed very low expectations, which helped to improve sentiment around the stock. There were many things to like the report:  1Q24 revenues coming in-line while margins surpassed expectations. While guidance came down, they came down towards lower expectations, relieving investor fears that things are not as bad as it seems.  The doubling of the share buyback target implies management sees Aptiv as undervalued and are confident in the future p ...