In 2008, O’Reilly acquired CSK Auto stores, which include Checker Auto Parts and Kragen Auto Parts. So far, the integration has been successful for O’Reilly, translating into increased revenues and margins. But O’Reilly can still benefit from leveraging its dual-market strategy and investments it has made in the CSK stores.
5. QUALCOMM, Inc. (NASDAQ:QCOM) Qualcomm develops new technologies through R&D investment and acquisitions. It then licenses the rights to use its patented technology. For example, networks being upgraded to third- (3G) and fourth-generation (4G) are based on a technology developed by Qualcomm. By holding the patents that enable this technology, Qualcomm collects royalties from smartphone and tablet makers that use it. Also, as Android-based devices — commonly run on Qualcomm’s Snapdragon chip — continue to snatch market share, Qualcomm will likely benefit from a forceful tailwind in the future.
Get in the driver’s seat
These five companies are implementing new strategies and exciting initiatives to help them remain relevant and dominant in 2013 and beyond. Of these companies, I like Qualcomm the best right now. Because of the company’s unique position, Qualcomm gives investors an opportunity to participate in the overall mobile trend without having to betting the farm on one particular device manufacturer.
The article 5 Companies Slated for Greatness in 2013 and Beyond originally appeared on Fool.com and is written by Nicole Seghetti.
Fool contributor Nicole Seghetti has no position in any stocks mentioned. You can follow her on Twitter @NicoleSeghetti. The Motley Fool recommends Covidien, Starbucks, and Tesla Motors. The Motley Fool owns shares of Qualcomm, Starbucks, and Tesla Motors.
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