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Auto Parts Network: A Speculative Buy

December 15th, 2018 · No Comments

  • The track record of the company is actually pretty dismal, especially given general e-commerce tailwinds. But the valuation of the shares already reflect this record.
  • There is a new CEO and to deals with industry behemoths that offer an interesting opportunity here.
  • The biggest problem is the declining traffic to their websites, it’s difficult to see a clear way forward here, we have to admit.

Source: Auto Parts Network: A Speculative Buy – U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) | Seeking Alpha

Tags: PRTS