CarParts Could Pay More For Parts Because Of Inflation
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The market appears too optimistic about the business model of CarParts.com, Inc. (PRTS). I think that market participants agree with the management, which does not expect inflation to create a material impact. With that, many things could go wrong. The recent increase in commodity prices could be a disaster. A rise in the price of component materials for the parts sold may impact their availability and quality. CarParts.com, Inc. trades at more than 20x 2023…
