ORLY - Down 13% Is This Magnificent Stock a Once-in-a-Generation Investment Opportunity on the Dip?
2024-05-11 11:03:00 ET
Investors should realize that some of the best-performing stocks historically can come from all different industries. O'Reilly Automotive (NASDAQ: ORLY) proves this.
In the past decade, this boring retail stock has soared 581%. That gain is well ahead of the 224% total return of the S&P 500 index.
But more recently, it's been a story of pessimism. O'Reilly shares currently sit 13% off their all-time high (as of May 3), which was reached a few weeks ago in late March.
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Down 13%, Is This Magnificent Stock a Once-in-a-Generation Investment Opportunity on the Dip?