Automotive Parts Retailers Zoom on Bullish Fourth Quarters
Posted on February 07, 2013 at 14:57 PM EST
Despite renewed consumer enthusiasm for that new car smell during 2012, auto parts retailers Advance Auto Parts (AAP) and O’Reilly Automotive (ORLY) reported bullish fourth quarter results today and both companies are riding high this afternoon. Advance Auto Parts rose 5% to $76.50 while O’Reilly Automotive was up 8% in afternoon trading, to about $100 [...]