Entering text into the input field will update the search result below

LKQ Corp - LKQ - Barchart's Chart Of The Day

Aug. 09, 2012 7:29 AM ETLKQ
Jim Van Meerten profile picture
Jim Van Meerten's Blog
66.05K Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Barchart.coms Chart of the Day - LKQ Corp (LKQ)

Barchart Research Team - BC - Wed Aug 08, 6:24PM CDT

Related Stocks
LKQ - Lkq Corp.

Sym Last Chg Pct
LKQ 37.41 +0.48 +1.30%

The "Chart of the Day" is LKQ Corp (LKQ), which showed up on Wednesday's Barchart "All-Time High" list. LKQ on Wednesday posted a new all-time high and closed up 1.30%. In recent news on the stock, LKQ on July 26 reported Q2 EPS of 43 cents, slightly above the consensus of 42 cents. RW Baird on June 28 downgraded LKQ to Neutral from Outperform due to valuation and deteriorating auto parts trends, but Stephens on May 31 initiated coverage on LKQ with an Overweight rating and a target of $44. LKQ Corp, with a market cap of $5 billion, is the largest nationwide provider of recycled OEM automotive replacement parts and related services, with sales and processing facilities and redistribution centers that reach most major markets in the United States.

lkq_700_01

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy

Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You