Investment Q&A

Q: Happy 2023 after learning the hard way in 2022 that growth is not always the best rewarded investments. Anyway this shall pass too. My question is about the impact from the interest raise that may potentially slow down buying new cars. It seems to me that the car parts retailers such as Carparts.com that sells “aftermarket auto parts and accessories” may be a good bet for 2023.

Most people in the U.S. simply don’t have a reason to spend money on a new car during the current, uncertain macro environment. Consequently, they will repair their current vehicles if they have problems.

What do you think of my theory? Are there any public Canadian company doing the same as PRTS? Please be free to suggest any other way to play the theme and place your suggestions in your preferred order and your rational.

Thanks a Million$

Yves

Q: Hi,
I understand PRTS had earnings and judging by the market reaction, would assume the results were very good, but I am not well versed in parsing out fundamentals, so am concerned that today's jump in price may be just a bit of buying caused by short covering? If you can add any comments that would help to shine a realistic light on PRTS and its longer term potential, I would appreciate it!
Thanks!
Dawn

Q: You thoughts on a portfolio rotation from car parts' distributor to car parts manufacturers strategy for 3 years hold. Thinking for selling out of PRTS & AAP moving in to Magna or Linamar.
Do you think that car part's manufacturers will perform better than distributors?
Carparts had a sudden pop in last 6 months may be time for me to cash out but debating about selling out of AAP.
Magna has its presence in the EV trend, would you prefer Magna over Linamar? Why?

Thank you!

Q: Hello 5i,
Can you provide your assessment of this company. Their revenues almost doubled this year compared to last and all 5 analyst have Buy rating on it.