In the Curreen Capital 2024 Q4 letter, Advance Auto Parts (AAP, Financial) was highlighted as a key investment due to its ongoing turnaround efforts and attractive valuation. The company, a retailer of aftermarket automotive parts, is working to enhance its operational efficiency and financial stability. Historically, Advance Auto Parts has achieved nearly 20% returns on tangible capital, underscoring its potential for profitability.
"Advance Auto Parts is attempting a turnaround, and has fixed its balance sheet and is improving operations. Advance Auto currently trades at an attractive upside-to-downside ratio." — Christian Ryther, Curreen Capital, Q4 2024 Fund Letter
Read full letter at gurufocus Curreen Capital 2024 Q4 page.