Advance autos had been flagged as a possible hot stock by means of its indicators tuning in a fashion and the impending golden cross on the moving averages.
The stock is very close to its current average analysts price target, so more upgrades like that by UBS yesterday are likely to follow.
Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC .
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