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Wednesday, December 5, 2012
Investopedia: Will Pep Boys Ever Show Real Growth Again?
By and large, the U.S. retail world is not forgiving to companies with failed business plans. And yet, Pep Boys (NYSE:PBY)
continues to stubbornly hang on. Despite a turnaround process that is
going on 15 years now, it's still unclear to me how the company has a
leveragable competitive advantage in the auto parts or service market.
Although improvement to just sub-optimal levels of performance (relative
to industry standards) would likely drive decent gains in the stock,
I'm not sure Pep Boys is a stock for any but the most risk-tolerant
turnaround investors.
Please continue to the full article:
http://www.investopedia.com/
Please continue to the full article:
http://www.investopedia.com/
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