AutoZone (AZO)

Add a New Bulls Reason Company: AutoZone (AZO) Current price: Headline: (100 character max) Analysis: Cancel 50% agree 2 votes   Older cars need more parts. Top Contributor: J.D. Thornton | Created when NYSE:AZO was $118.57 | Edit | History Throughout mid-2008 U.S. auto sales reached 16 year lows as consumers spent less in the face of recessionary pressures and credit was withheld for all except the most qualified borrowers. As people wait longer to replace their automobiles, the country's fleet of cars becomes older, requiring more maintenance and replacement parts. AutoZone is well positioned to take advantage of this increased demand for parts, especially as drivers are less likely to take older cars to dealerships for maintenance, but rather do it themselves, or bring the car and necessary parts to an independent garage.[1] (100 character max) Cancel 50% agree 2 votes   Vote of Confidence by Eddie Lampert Top Contributor: Todd Sullivan | Created when NYSE:AZO was $118.30 | Edit | History One of the more accomplished investors of our time, Eddie Lampert of Sears Holdings, disclosed on April 10th, 2008 that he recently bought more stocks of the company to bring his tally to 22.3 million shares or 36%. This would be a definite vote of confidence from a successful investor, who thinks this is a good bet. (100 character max) Cancel

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