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StockNews.com
StockNews.com
Business
Dipanjan Banchur

TravelCenters of America: Take Advantage of This Undervalued Stock Before the Summer Driving Season

TravelCenters of America Inc. (TA) in Westlake, Ohio, operates, or franchises, travel centers, standalone truck service facilities, and a standalone restaurant. Its travel centers offer a range of products and services that include diesel fuel, gasoline, truck repair and maintenance services, quick-service restaurants, full-service restaurants, and others. Its travel centers operate under the brand names of TravelCenters of America, TA, TA Express, Petro Shopping Centers, and Petro.

On April 4, 2022, TA announced the completion of its acquisition of two travel center locations located along the Interstate 81 corridor in Virginia–Petro Raphine and TA Lexington–in time for the summer driving season. Both have been successful TA franchise locations since 2011 and, by owning these locations, TA expects to realize significantly higher cash flows.

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