O’Reilly & AutoZone Outperform The S&P: Is Either A Better Stock?
Auto parts retailer O’Reilly may be forming a constructive cup-with-high-handle pattern.Analysts expect the company to earn $31.82 per share this year, which would be an increase of 2%.Shares of rival AutoZone are up 5.4% since it reported fiscal fourth-quarter results in mid-September.The company topped earnings estimates and delivered stronger-than-ever same-store sales.Car parts retailers O’Reilly Automotive (NASDAQ:ORLY) and AutoZone (NYSE:AZO) are both attempting to climb out of consolidations, as they outperform the broader market. Q3 2022 hedge fund letters, conferences and more Find A ...