Genuine Parts Aktie News

Fundamentally, the case for dividend kings to buy couldn't be simpler: investors are banking on the proven stability of the underlying enterprises. Since qualifying for the dividend king title involves providing rising annual payouts for at least 50 consecutive years, you can bet that these companies benefit from reliable businesses.

Auto parts stocks often fly under the radar, getting little to no investor attention compared to their larger industry peers. While it's the big-name car manufacturers that consistently grab headlines and investor focus, auto parts stocks have historically outperformed.

Advances Strategic Initiative to Own More Stores in Priority Markets ATLANTA, May 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today an acquisition for its U.S. Automotive business. Effective April 30, 2024, the company acquired Motor Parts & Equipment Corporation (MPEC).

ATLANTA , April 30, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced that its shareholders elected Mr. Charles "Chuck" K.

Automotive and industrial replacement parts provider Genuine Parts' CEO Paul Donahue will step down from his position and will assume the role of executive chairman, the company said in a statement on Monday.

Paul Donahue to Transition to Executive Chairman  Will Stengel Appointed President and Chief Executive Officer ATLANTA, April 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul D. Donahue will transition from chairman and CEO to executive chairman, effective June 3, 2024.

Before considering which stocks to buy if inflation continues, it's good to remember the relationship between inflation and interest rates. The latest reading on CPI and PPI shows that the declining inflation rate may be ramping back up.

​​​Inflation is here to stay. While down from the historically high levels hit over the past year or so, inflation rates remain elevated and are wearing on the economy.