Alan Brochstein, CFA
Contrarian, growth at reasonable price, management change, cannabis stocks

Time To Replace Replacement Auto Parts Maker Dorman Products

I have been following Dorman Products (NASDAQ:DORM) closely for 4 years, having previously shared highly favorable views beginning in early 2009. The stock has been a great performer since the Great Recession, as it was very cheap four years ago and then benefited from the trends of used cars staying on the road longer and the shift from dealer-owned car repair shops to independents or do-it-yourself repair. I have been patiently awaiting the right time to formally recommend sale of the stock, and it now has likely priced in the continuation of very strong fundamentals that are likely to deteriorate. I recommend selling DORM, with an anticipated target of 28 in a year, based on 13 P/E on...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details