Genuine Parts Co. just grew earnings 17.3%

Genuine Parts Co. just grew earnings 17.3%

Like other top industrial stocks, this company’s strong balance sheet should help it cope with economic shocks during the COVID-19 pandemic. That should generate further dividend hikes for investors in 2021 as the pandemic eases.

The company trades at an attractive 17.5 times its projected 2021… Read More

Genuine gains from narrower focus

GENUINE PARTS CO. $90 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 145.9 million; Market cap: $13.1 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.genpt.com) raised your quarterly dividend by 3.6% with the… Read More

Good pick for a COVID recovery

GENUINE PARTS CO. $85 is a buy. Through your shares (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 145.9 million; Market cap: $12.4 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.genpt.com) you tap this leading seller of replacement auto parts. It also… Read More

Genuine protects your dividend

GENUINE PARTS CO. $73 is a buy. Through your shares (New York symbol GPC; Income Portfolio, Manufacturing & Industry sector; Shares o/s: 145.4 million; Market cap: $10.6 billion; P.S. ratio: 0.6; Dividend yield: 4.3%; TSINetwork Rating: Average; www.genpt.com) you tap this leading seller of replacement auto parts. It… Read More

Updating your Cyclical-Growth Payers: Genuine Parts Co.

GENUINE PARTS CO. $90 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 145.9 million; Market cap: $13.1 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.genpt.com) sells replacement auto parts through company-owned stores (under the NAPA banner) and… Read More