ORLY - This Phenomenal Stock Skyrocketed Over 600% in the Last 10 Years: Time to Buy?
2024-03-03 01:45:00 ET
In the last decade, the Nasdaq Composite has been very good to investors. The tech-heavy benchmark returned 310% during this time, including dividends. But there's a retail stock in the index that has performed significantly better.
I'm talking about O'Reilly Automotive (NASDAQ: ORLY) . Shares of the aftermarket auto parts seller have soared 619% since Feb. 27, 2014, turning a $10,000 initial cash outlay into a whopping $71,880 today. Is it time to buy this phenomenal stock right now?
High-flying tech companies that have exposure to the artificial intelligence trend are getting all the attention from investors these days. But don't let that excitement distract you from O'Reilly and its boring business model.
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This Phenomenal Stock Skyrocketed Over 600% in the Last 10 Years: Time to Buy?