Uni-Select – An Automotive Investment Option

Jun 13 04:06 2017 Print This Article

While many of the vehicle manufacturers pay a dividend, betting on a particular auto manufacturer can be difficult. We can never tell which one will have a scandal or a recall affecting the stock price negatively. Another way to invest in the automotive industry is to review the secondary market generated by the automotive industry such as parts and repair.

Another way to invest in the automotive industry is to review the secondary market generated by the automotive industry such as parts and repair. Magna International (TSE:MG, NYSE:MGA) is one of the options and Uni-Select is another option.

UNS Business Summary

Founded in 1968, Uni-Select (TSE:UNS) is a leader in the distribution of automotive aftermarket parts, tools & equipment, industrial paint and related products. UNS has a distribution network of independent distributors and corporate stores spanning all of Canada and 33 US states. It delivers essential products to meet the needs of its independent wholesaler, repair, and collision repair shop customers quickly and efficiently. Uni-Select also operates over 14 distribution centers and over 255 corporate stores that serve over 1,155 independent wholesalers on a daily or bi-weekly basis. Tens of thousands of repair and collision repair shops are supplied by their network.

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Dividend Earner

Dividend Earner is run by a regular guy from Vancouver who works at a publicly traded company. One day, he decided to fire his financial planner and go out on his own. He created this blog to share the lessons he's learned and the insight he has. He enjoys sharing financial informationwith family, friends and co-workers but decided he write about it and document it at the same time for the benefit of everyone.

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