Jim Cramer Discussed These 19 Stocks and Market Shortages

9. AutoZone, Inc. (NYSE:AZO)

Number of Hedge Fund Holders: 60

AutoZone, Inc. (NYSE:AZO) is one of the stocks Jim Cramer discussed, along with market shortages. A club member inquired whether the stock is a buy, sell, or hold, and here’s what Cramer had to say in response:

Alright, this one mystifies me. I have been a believer in this stock for some time. They have the best buyback. Take a look. They’ve shrunk the float by 50% just in the last few years. There’s nothing, I thought, at first, I thought it was tariffed parts that could be a problem, tariffed parts. But at this point, I just don’t see a lot of downside. Yeah, I mean, we just had this nice pick up, but I think this is where you can get back in. It has been a mystery because I’ve been recommending the stock for more than 10 years.

AutoZone, Inc. (NYSE:AZO) sells and distributes automotive replacement parts, maintenance items, and accessories for cars, SUVs, vans, and light trucks. Cramer was asked about the stock during the January 14 episode, and he replied:

Yeah, people didn’t like that last quarter… And the reason why the stock is going down is this company is so darn consistent that when it reported an inconsistent number, I can’t believe the jailbreak. I think they’re fine. I think the next quarter is going to be better. This company always pivots and always pivots well. I’d be a buyer.