AutoZone, Inc. (NYSE:AZO) is highlighted by Jim Cramer for its legendary buyback strategy, reducing shares from 31 million to less than 17 million in a decade. Cramer praises AutoZone’s ability to thrive in economic slowdowns due to increased demand for car repairs over new purchases. The stock has risen by 16% since Cramer’s comments. Despite AZO’s potential, some believe other AI stocks offer greater growth and lower risk. For those seeking an undervalued AI stock with potential from tariffs and onshoring trends, a free report is available.

Read more at Yahoo Finance: Jim Cramer Highlights AutoZone “Legendary” Buyback