There have been much bigger crises in the automotive sector than there are today. As Germans, we were spared the last big ones (especially in the 80s), but now the wind is blowing differently. I'm holding a decent load myself $GPC and think that it will go down even further. But with sufficient staying power (cars are a classic cyclical), I think there is a decent opportunity here.
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6Mês
@DynasticGrind According to the management, this is their goal. Separate cyclical business (Global Industrual) from non-cyclical (NAPA). NAPA should be the cash flow based business, while Global has room to grow. If GPC falls too much and does not recover, there will be no spin-off for the time being. I think the share will recover.
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