No. of Recommendations: 9
Did y'all see that LKQ is at 52 week lows? Currently 43.62 with a 2.29% yield.
Other than the usual squiggles, one could generalize that their valuation metrics have been gently falling for 15 years.
Presumably that trend will end somewhere.
I have long thought it was a fine company.
I mentioned them on the price dip in late December 2018 on the old Brk board. I had bought that November, and again that day.
Even with the recent 26% fall from the 52 week high, it has still returned 13.5%/year since the post. Better than a kick in the head.
Jim
