Have I missed the boat with Halfords shares?
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Halfords(LSE: HFD) shares have soared of late. Since the beginning of 2021, the stock is up approximately 50% and it’s 300% higher over the last 12 months.
That’s impressive. But have I missed the boat with Halfords shares? I don’t think so. As a long-term investor, I reckon the stock could rise further even from its current price. Here’s why I’d buy.
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Demand for battery jobs jumped by more than 150 percent last May as lockdown eased.
Since November home-based assistance has grown again with an 18 percent increase in December.
Recent research by Halfords shows car owners don’t know much about car battery maintenance.
Some 20 percent of motorists have never had their battery checked, despite regular tests being recommended.
A majority of us don’t know how to change a car battery, and most 25-34-year-olds don’t have a clue.
Reassurance is what motorists are seeking when they opt for a home check, believes Karl Baker, the head of Halfords Mobile Expert.