LKQ Corporation, an undervalued cyclical stock, is poised to benefit from Federal Reserve rate cuts.

LKQ Corporation, a distributor of auto replacement parts, is seen as an undervalued cyclical stock amid economic uncertainty. Following a slowdown after Q2 growth, analysts expect LKQ to benefit from recent Federal Reserve interest rate cuts. With a price-earning ratio under 15 and a Buy rating, LKQ is viewed as a strong investment option. Other cyclical stocks, like JD.com and Li Auto, are also noted for their potential amidst economic fluctuations.

September 14, 2024
3 Articles