Pep Boys today is far different than where the company was a year ago. After so many long battles with failed improvement attempts, Pep Boys no longer has to answer the question regarding its business model and whether it can still work. The recent performance and clear fundamental shift to service-oriented business suggests that the model is progressing well.
Clearly, I like Pep Boys today more than I did in April. But there are still better investment opportunities out there.
At the time of publication, the author held no position in any of the stocks mentioned.Follow @saintssense This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV