Chart of Day: Advance Auto Parts (AAP) – 4/11

Advance Auto Parts (AAP) looks interesting.

After pulling back from about $87.50 to $70.46, the stock appears to have caught strong support. From here, we’d like to see it retest resistance at $87.50 again shortly. Helping, Director Brent Windom, who was added to the Board by the Third Point hedge fund, recently bought 10,000 shares of AAP at an average price of $83.45 a share.

aap

AAP also declared a 25-cent quarterly dividend, which is payable on April 26 to shareholders of record as of April 12. In addition, Truist analyst Scot Ciccarelli raised the firm’s price target on Advance Auto Parts to $70 from $60 with a hold rating.

deal of the month

best growth stocks

Alliance

Bundle package – lifetime subscriptions for all products

Categories

Recent posts

Tags

Connect with Us

Get FREE Daily Stock Tips

Join and receive market insider stock picks, trade alerts and unique investing insights
This field is for validation purposes and should be left unchanged.
By clicking the "Subscribe" button you are accepting our Terms of Use and Privacy Policy.

Join Waitlist

We’re sorry, but due to the popularity of our services, we have reached our max number of subscribers and are not currently accepting more. If spots become available, we will be sure to contact you. Please join the waitlist below.
Thank You!

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.