With widespread fears about the current and future economy many car owners will consider keeping and repairing their current vehicles rather than trading in on a new vehicle.
As we see the sale of new vehicles drop dramatically due to job and financing concerns car owners will have to spend more to maintain their current autos. This should be good news for AAP.
Like Tim said, bad financial times are good for AAP. If you missed the boat earlier, now is a good time to buy with the stock pulling back to its trendline and little aways from 200DMA. I pulled the trigger today.