JNJ - Hold AutoZone For Market Total Return And Capital Growth Momentum

AutoZone (AZO), a retailer and distributor of automotive replacement parts, is a Hold for the total return investor but a buy for the momentum investor looking at the latest earnings. AutoZone has steady growth and has plenty of cash flow, which it uses to increase the store count and buy back shares. I think this is an opportunity to buy a great growing business at a fair price. AutoZone is being considered for The Good Business Portfolio, my IRA portfolio of good business companies that are balanced among all styles of investing. I