I think LKQ is a very well run company and I have a developed a tremendous amount of respect for management over the years.  It is why LKQ was ranked in the Elite 5 for a good chunk of the year.  And similar to Keystone, I think LKQ can add real value if they begin offering some "LKQ Certified" Shop program for their collision customers. 

But the stock has had a good run (up 35%) while the risks have increased a bit (in my opinion.)  Just like Keystone, LKQ is exposed to the same risks with the automaker resistance to generic parts.  And the company has been pretty aggressive on the acquisition front, which combined with some eroding facility productivity metrics (more recently ...

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Related Companies: LKQ Corp.