AZO - Want to Retire Early? This Stock Could Help You Do That
2023-08-18 05:12:00 ET
Not everybody wants to retire early. But because there are no guarantees, having the means to do so is better than not having the option. Accomplishing this feat requires a high savings rate, above-average investment returns, or some combination of the two.
If your budget is tight, like those of most Americans, the good news is that there is still hope for early retirement if you are starting early enough.
There are plenty of investments that have the potential to continue being wonderful compounders. AutoZone (NYSE: AZO) is one such stock that comes to mind. Let's check up on the company's past performance, fundamentals, and valuation to see why it could remain a great option for investors in the years to come.
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Want to Retire Early? This Stock Could Help You Do That