SNA - 2 Unstoppable Multibaggers Up 1790% and 8790% Since 2000 to Buy and Hold Forever
2024-06-07 06:22:00 ET
O'Reilly Automotive (NASDAQ: ORLY) and Snap-on (NYSE: SNA) have far outpaced the broader market over the last few decades despite their rather ordinary-sounding operations. The companies have delivered total returns of 8,790% and 1,790%, respectively, since 2000 -- far superior to the 469% total return of the S&P 500 index .
But best of all for investors is the fact that the two companies look poised to continue their multibagger ways far into the future. These niche leaders -- with their robust profitability , steady growth, and reasonable valuations -- could add market-beating potential to any portfolio.
Vehicle repair retailer O'Reilly Automotive has delivered 31 consecutive years of sales and earnings growth. Despite this extended run, the company's growth story might still be in its middle chapters.
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2 Unstoppable Multibaggers Up 1,790% and 8,790% Since 2000 to Buy and Hold Forever