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5 Top Stocks For March

5 Top Stocks For March

The company's in the midst of a turnaround that began in 2019 when new management took over. Under CEO Lev Peker, Carparts.com has jettisoned underperforming brands and consolidated the company's operations, which had previously included banners like JC Whitney and Auto Parts Warehouse, under the Carparts.com brand, making marketing and brand-building much more efficient. Gross margin has increased for six quarters in a row now, allowing the company to reinvest a greater percentage of revenue back in the business, and e-commerce sales jumped 105% in the third quarter.