AZO - Want to Get Richer? These 2 Growth Stocks Have Market-Crushing Potential
2023-04-19 06:15:00 ET
Buying shares of high-quality businesses and giving them time to grow is a strategy that can make you much wealthier over long periods of time. This is because these companies find ways to keep their revenue and profits heading higher, which also fuels share price growth over the long run.
The retailers AutoZone (NYSE: AZO) and Five Below (NASDAQ: FIVE) have both outperformed the broader markets over the last five years. Let's dig into why the two companies appear positioned to do the same in the years ahead.
With more than 6,200 stores in the United States, over 700 stores in Mexico, and 81 stores in Brazil as of Feb. 11, AutoZone is among the largest auto parts retailers in the Western Hemisphere.
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Want to Get Richer? These 2 Growth Stocks Have Market-Crushing Potential