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Bapcor Ltd (ASX: BAP) was originally called Burson Group. Today. Bapcor is a specialist auto parts business but what most consumers don’t know is that Bapcor is more than a retailer of spare parts. Its bread and butter is ‘trade services’. For example, when you get your car serviced by a mechanic, the mechanic doesn’t store all of the parts for the make and model of your car in their shop. Instead, they rely on a nearby distributor like Burson’s who can deliver the exact parts within a matter of hours.
Bapcor (ASX:BAP) has announced it’s acquiring two truck part businesses.
If you’re looking for ASX growth shares you’ve come to the right place. Here’s why I think it’s worth looking at shares of Bapcor Ltd (ASX:BAP), Webjet Limited (ASX:WEB) and Nearmap Ltd (ASX:NEA).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.84% at lunch.
The Bapcor Ltd (ASX:BAP) share price is up over 5% in reaction to its FY19 result.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.79% on Tuesday.
New data from the Australian Bureau of Statistics released yesterday show the trend unemployment rate is on the rise and reached 5.3% in July.
Bapcor Ltd (ASX:BAP) and ARB Corporation Ltd (ASX:ARB) are two tough competitors in the aftermarket car parts industry and are sometimes touted as shares to beat a recession. Which is the better buy?
I think the best way to beat the market over the long term is to go for growth shares. Here are 3 ASX stocks to consider.
If you’re at the stage in your life where you’re living off the income from your investments, you’d want to make sure the dividends are pretty safe.
