Reported about 9 hours ago
The auto parts industry is witnessing significant growth, predicted to expand by 5.1% in 2025, driven by longer vehicle ownership and the rise of electric vehicles. With high new car prices and increasing repair costs, many vehicle owners are opting for maintenance over purchasing new cars, leading to stable demand for auto parts. Industry experts suggest three promising stocks—AutoZone, O'Reilly Automotive, and Genuine Parts—that show strong market performance and financial stability, making them attractive options for long-term investors.
Source: YAHOO