$AAP looks super interesting. Management team seems to execute strongly. Agree 10X EBIT shouldn't be a stretch if they reach the 7% Operating Margin + Wall Street will project its growth forward which should demand rather 13x EBIT at the time. I am still playing the numbers if an entry at $49 provides enough Upside for the potential Downside. But I love the CEO. I am wondering if he could do to $AAP what Jamie Dimon did to JPM Chase
$AAP looks super interesting. Management team seems to execute strongly. Agree 10X EBIT shouldn't be a stretch if they reach the 7% Operating Margin + Wall Street will project its growth forward which should demand rather 13x EBIT at the time. I am still playing the numbers if an entry at $49 provides enough Upside for the potential Downside. But I love the CEO. I am wondering if he could do to $AAP what Jamie Dimon did to JPM Chase
Feels like an asymmetric opportunity to me :)