AutoZone (AZO) Is “Not Nearly As Bad As People Think,” Says Jim Cramer
From Yahoo Finance: 2025-06-13 17:19:00
Jim Cramer discussed Elon Musk’s Grok AI and 12 stocks, including AutoZone, Inc. (NYSE:AZO). AutoZone shares have gained 14% year-to-date, rebounding after a 9% drop post-Liberation Day. Fiscal Q3 same-store sales jumped 5%. Cramer praised the firm’s stock buybacks, calling it “the best buyback in the history of the NYSE.”
Cramer has previously praised AutoZone’s operations and buyback strategy. He highlighted the company’s aggressive buybacks, cutting half of the stock in the last decade. He advised buying the stock if it drops, as management will be buying alongside investors. Cramer referred to AutoZone as “a horse.”
AutoZone ranks 9th on the list of stocks Cramer discussed. While AZO has investment potential, AI stocks may offer higher upside with less risk. For an undervalued AI stock with potential benefits from Trump-era tariffs and onshoring trends, check out the free report on the best short-term AI stock.
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