LKQ Corporation (NASDAQ:LKQ) is a top choice among analysts for affordable stocks to buy. The company announced a potential sale process for its Specialty segment, prompting positive opinions from Wall Street. John Babcock of Barclays reiterated a Hold rating, while Jeff Lick from Stephens initiated a Buy rating.

The potential sale of its Specialty segment is part of LKQ’s strategy to simplify its portfolio. The company’s President and CEO, Justin Jude, highlighted the commitment to this strategy. Despite no definitive timetable, management sees attractive divestiture opportunities in the market environment. Jeff Lick from Stephens praises LKQ as a deep-value stock with strong free cash flow yield.

LKQ Corporation (NASDAQ:LKQ) is a major distributor of alternative and specialty vehicle parts, although its stock is down 19% this year. While LKQ shows investment potential, other AI stocks may offer greater upside with less risk. A report on the best short-term AI stock is available for those seeking undervalued opportunities.

For more insights on potentially lucrative stocks, check out reports on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. This article originally published at Insider Monkey.

Read more at Yahoo Finance: Wall Street Maintains a Positive Opinion on LKQ Corporation (LKQ), Here’s Why