Tag Archives: lkq

A Cash For Clunkers Pure Play: LKQ Corp (LKQX)

The Cash For Clunkers program has been wildly successful, burning through the initial $1 billion allocated to the program within a couple weeks.  Harry Reid has said that the Senate will OK another $2 billion before the August recess.  The obvious beneficiaries are the auto makers and auto parts suppliers, but one pure play may be overlooked and that’s LKQ Corp (LKQX) which is the largest auto parts recycler in the nation with 280 facilities.… Read the rest