The Latest Breaking News from GPC

This auto parts stock is near its 52-week high and hitting a new high on its relative strength line. Q4 earnings are scheduled for Thursday.

Recession fears have been mounting as the Fed maintains its aggressive monetary policy stance to bring inflation under control. While the market is expected to remain uncertain in the near term, we think it could be wise to add fundamentally sound stocks Genuine Parts Company (GPC), Albertsons Companies (ACI), and…

Yemenis home and abroad are faintly celebrating the 40th anniversary of the founding of the General People's Congress (GPC), one of the largest political parties in Yemen. The reason behind this is that the GPC has faced fragmentation over the years and lost its decision-making power to Houthi militias. Marking…

Despite the continued semiconductor chip shortage and high-interest rates for auto loans, the auto parts industry is expected to grow significantly this year, driven by solid demand amid an increasing shift toward electric vehicles, rising demand for OEMs, and digital advancements. Given this backdrop, it could be wise to buy…

Amid sky-high inflation and consecutive rate hikes, U.S. GDP witnessed another consecutive decline in the second quarter. However, investors seem to have shaken off recession fears causing U.S. equities to rally. Thus, we think quality growth stocks, Core Molding (CMT), Civeo (CVEO), and Genuine Parts (GPC), could be worth buying…

As concerns over persisting macroeconomic headwinds and an upcoming recession are causing immense volatility in the stock market, better-than-expected earnings results and resilient consumer spending are restoring investors’ confidence. Therefore, shares of growth-focused companies Hugo Boss (BOSSY), DLH Holdings (DLHC), Genuine Parts (GPC), Valhi (VHI), and Merck & Co. (MRK)…

Last week, the Fed raised its benchmark interest rates three-quarters of a percentage point, marking the most aggressive hike since 1994. And with analysts predicting the economy to slip into a recession, we think dividend aristocrats Abbott (ABT), AbbVie (ABBV), Genuine Parts (GPC), Johnson & Johnson (JNJ), and Sysco (SYY)…

While continuing supply chain disruptions and a semiconductor chip shortage are marring the auto parts industry’s growth, growing demand for EVs should help the industry recover in the coming quarters. Given this backdrop, we think it could be wise to bet on quality auto parts stocks Genuine Parts (GPC), Advance…

The stock market indexes drifted higher yesterday with investors looking ahead to the Federal Reserve's monetary policy tightening to control surging inflation. However, the Ukraine-Russia war, extended COVID-19 lockdowns in China, and the possibility of an economic slowdown, could keep the stock market under pressure in the near term. Amid…

Supply chain disruptions are expected to persist for the rest of 2022 owing to extended COVID-19 lockdowns across several parts of China and the Russia-Ukraine war. However, the Global Supply Chain Pressure Index points to an easing in supply chain pressure since December 2021. If the disruptions continue easing, Honda…

Genuine Parts Co (NYSE:GPC) reported first-quarter FY22 sales growth of 18.6% year-on-year to $5.3 billion, beating the consensus of $5.06 billion. The company attributed the sales growth to a 12.3% increase in comparable sales and an 8.1% benefit from acquisitions. Automotive Group sales grew 10.9% Y/Y and constituted 62% of total company revenue.…