ORLY - 1 Magnificent Nasdaq-100 Stock to Buy and Hold Forever
2023-10-10 10:23:00 ET
While the Nasdaq-100 index is more famous for its technology-focused companies, it is also home to a handful of successful consumer discretionary stocks .
One of these is car-parts specialist O'Reilly Automotive (NASDAQ: ORLY) and its 6,000-plus stores. Although one could argue that O'Reilly's operations are about as different from the high-flying tech world as possible, its seven-fold increase in price means investors should ignore this efficient operator at their own peril.
Home to budding international sales, best-in-class profitability, and extremely shareholder-friendly share buybacks, O'Reilly is a magnificent Nasdaq stock to buy and hold forever .
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1 Magnificent Nasdaq-100 Stock to Buy and Hold Forever