AZO News and Press, AutoZone Inc. From 02/24/22

Tweedy, Browne’s 13F portfolio value increased from $2.99B to $3.15B this quarter. They increased FMC Corp, Intel Corp, and Fresenius while decreasing Emerson Electric and dropping American Express. Alphabet at ~20% of the portfolio is the largest position. For furthe...

During the most recent earnings season, both Apple and Alphabet stocks side-stepped the deep sell-offs many other technology companies experienced. Investors should not expect this trend to continue over the medium-term. Because of a reversal of federal stimulus policy, earnings t...

Wallace Weitz's 13F portfolio value increased from $2.39B to $2.49B this quarter. The number of positions increased from 58 to 59. Weitz Investment Management increased CoStar Group and Fidelity National Information Services while reducing Laboratory Corp, AON plc, and Fidelity Nation...

Advance Auto Parts will benefit from a recovery in miles driven and ageing vehicles. The company's DIFM exposure is also a plus as DIFM is expected to perform better than DIY end market coming out of the pandemic. AAP is taking multiple initiatives to improve margins. Valuatio...

Despite current, multi-decade high inflation, consumer spending rose in January as omicron-variant worries receded. Motor vehicle and parts dealers witnessed a 5.7% rise in retail sales as demand for automobiles climbed thanks to the continuing economic recovery. So, we think it could be wise...

The automotive industry accounts for about 4% of global GDP. The industry is also going through a period of disruption due to EVs and autonomous driving which will create its own set of winners and losers. That’s why investors should consider top auto stocks such as Honda Motor Company...

MEMPHIS, Tenn., Feb. 16, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its second quarter ended Saturday, February 12, 2022, before market open on Tuesday, M...

The stock has been rangebound for months, allowing traders to play the name up and down. While the stock has stalled a bit as the market evaluates the impact of inflation, supply chain issues, and rate hikes on operations, management has worked to be shareholder-friendly. A huge d...

AutoZone has been an excellent compounder in the past. The factors for that, same-store sales growth and buybacks, are still in place. AZO is not trading at an expensive valuation. In fact, it trades relatively in line with the historic average. Investors could see some share pric...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...