Genuine Parts Stock: Is GPC Underperforming the Consumer Cyclical Sector?

Valued at a market cap of $19.2 billion, Genuine Parts Company (GPC) distributes automotive and industrial replacement parts and materials. The Atlanta, Georgia-based company distributes a wide range of parts and materials, including those for hybrid and electric vehicles. Also, it provides bearings, mechanical and electrical power transmission products, and bearings and mechanical and electrical power transmission products, among others. 

Companies valued at $10 billion or more are generally described as “large-cap” stocks, and Genuine Parts fits right into that category. The company operates with more than 60,000 employees and has over 10,700 locations in 17 countries across North America, Europe, and Australasia.