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Sohini Mondal

Is Genuine Parts Company Stock Underperforming the S&P 500?

Genuine Parts Company GPC

Valued at a market cap of $16.7 billion, Genuine Parts Company (GPC) is a global service provider of automotive and industrial replacement parts and value-added solutions. Based in Atlanta, Georgia, the company operates in two segments: Automotive Parts Group and Industrial Parts Group.

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks and Genuine Parts Company fits this criterion perfectly. The company distributes the parts from an extensive network of more than 10,700 locations in 17 countries, supported by more than 63,000 employees.

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