Here’s 1 Reason It Could Still Be a Smart Buy
From Yahoo Finance: 2025-06-28 07:45:00
O’Reilly Automotive, a top auto parts retailer, saw a 2.9% increase in same-store sales in 2024, marking a 32-year growth streak. The company aggressively repurchases shares despite rising valuation. A leading niche retailer with over 55,000% stock growth since 1993 remains under the radar but shows promise for investors.
O’Reilly Automotive benefits from a secular trend as the average age of vehicles in the U.S. hits 12.8 years, driving demand for aftermarket auto parts. With cars staying on the road longer, consumers seek products like motor oil and brake pads, boosting O’Reilly’s sales and revenue.
The retailer’s financial performance is strong, with 32 years of consecutive growth in same-store sales. Despite a high valuation, steady demand and aggressive share buybacks make O’Reilly a top contender for investors. Economic conditions have not hindered the company’s ability to thrive.
A report from S&P Global reveals that O’Reilly Automotive is not among the top 10 stocks to buy now, despite its impressive track record. The company’s stock has seen significant growth, but the current valuation may deter some investors from adding it to their portfolios. Consider the company’s history and financial performance before investing.
Read more at Yahoo Finance: Here’s 1 Reason It Could Still Be a Smart Buy