LKQ Corp (LKQX)

Mass of clunkers will lower scrap prices and increase comp for used parts

Stock up in a down market

Light cars, such as the mini's now surfacing, are the future, . Great buy

This company is making profit off of others scrap while also providing a useful service which will make their short term year very productive.

Expanding- Recycling is in

All signs are up. Excellent EPS and RS. Looks like cup and handle formation with a bullish engulfing candle on 3/13 close. No resistance levels to chart. Is this the right stock for this economy?

They are in the right business at the right time, a growing company that is going into the peak winter months.

this stock has recently increased by a large percentage. i believe, do this recent increase. it will decrease over the next few weeks.

Economy is down, people need to save money and you can't ever find what is needed to fix that older car you really need to keep driving? If this train of thought has crossed your mind recently, you know why this and other stocks like it will continue to go up over the next few months or possibly even years. Yes, I do need a muffler for a '68 Pontiac, thanks!

Shows steady growth on all boards

I recently toured an LKQ yard and Keystone plant. They are doing great things. The Keystone plant was as busy as could be, running at full capacity refinishing bumpers and wheels. The LKQ yard was full of cars, and when the price of scrap rises, they will be even better. They make the most out of everything, from selling small parts and radios on eBay (seriously) to doing full fronts and rears. They have started a barcoding system to better inventory parts and all and all seam to be on the rise. LKQ recently (year or so) bought Keystone, making a really solid company that has become a favorite of many shops and insurance companies. I see LKQ benefiting from the troubled auto market, but also staying on top when the auto industry begins to pickup, after all, more cars on the road does mean more accidents and hence more business.

Recycling aspect.

Illinois location, industrial "base".

This company has done well in the past, the need for this type of company is invaluable to governments such as ours and others across the world. Business owners will continue to supply the need for a replacement systems online vehicles around the world. This stock may take a hit briefly due to oil, but in the long run will do better because downline more and more will switch to light vehicles rather than large haulers.

undervalued dominant player in the mysterious and dangerous world of 2nd hand auto body parts. As long as there are cars, there will be crashes, and it's much cheaper to bolt on a used fender than to repair a crumpled one. Escalating energy prices grow the inventory value.

People love light vehicles these days, plus there profit doubled! Grab now and earn yourself some points!

i think with the higher costs of repairing vehicles with factory parts people are looking to get a in-expencive repair done and by using companies such as lkq they can acomplish this besides i would spend more of my money on a part that I know is helping our enviorment by recycling

First, a little about me. I was brought up in the auto repair business. My Grandfather, Father, myself, and my Uncle were auto repair mechanics. In 1987 after working for my dad and dealerships as a mechanic, tired of being greasy and sweaty, endlessly spending money on tools, I turned to being a partsman. I now work for a dealership with one of the the nation's largest collision centers and deal with LKQ on a daily basis. With over a million dollars in inventory at my dealership, I prefer to sell my own parts but, because of price, I have to call LKQ.

In all my life, I have never known an auto recycler with any business sense that didn’t live a prosperous life. The used auto parts market is HUGE and always has been. Auto recyclers buy totaled, wrecked cars from insurance companies for pennies on the dollar. They then dismantle these cars and sell the parts for huge profits. Right now with economy the way it is, insurance companies are seeking less expensive ways to repair their customer's cars involved in accidents. For instance, a car is brought to our shop after an accident. The insurance company writes an estimate. They compare the cost of a new part to the cost of a part to that to a part from a company such as LKQ. The part from LKQ is always less expensive and I have to buy the part from them. Auto owners and mechanical repair shops are also seeking less expensive ways to repair cars when mechanical repairs are needed such as engines, transmissions, axles, rims, trim, radios, almost everything you can think of can be sold from these salvage vehicles. After all usable parts have been sold, the rest can be recycled, like steel, platinum, etc...(all U.S. cars have all types of metals such as catalytic converters that contain platinum). Have you ever thought of how much copper wire is in an automobile?

In LKQ's description on MSN it reads LKQ is a provider of "light" vehicle parts. That does not mean "small" cars such as the the Mini Cooper. "Light vehicle" refers to all cars, trucks, and SUV's. However, LKQ is now venturing into the "heavy" market which is semi trucks that carry all of America's needs.

As far as new cars that are being designed to be more fuel efficient coming out now and in the future, there will always be wrecked/totaled vechicles no matter how old or how new the car is.

This company has approximately 300 locations across the US and Canada. Therefore, if they don’t have a particular part you need, it can be transferred from another location to you. If that is not available, they have also acquired aftermarket parts company Keystone, which is a preffered company by most insurance companies that can supply parts you need. All in one phone call.

I play LKQX both long and short but truly believe LKQX is a good investment and will be around for a long time. Analysts always seem to talk BWA and TRW when it comes to automotive stocks but I believe they need to take a harder look at LKQX as I believe is far more worth looking at.

If you would like to email me with questions, please do.

They are buying-up all their competition.

An aggressive growth stock that will continue acquiring other businesses over time. The chart is outstanding, its recession proof because you cant stop people from wrecking their cars, and with the acquision of Keystone it makes them a leader by far in the sector. This coming quarter will be the first in which Keystones numbers will show in LKQ's quarterly report. Also cheap at these prices, just look at the their revenue and how they have raised their expectations every quarter!