We recently published Top 10 Stocks to Watch After Federal Reserve’s Rate Cut. O’Reilly Automotive Inc is one of the stocks analysts were recently talking about.
Josh Brown, CEO of Ritholtz Wealth Management, said in a recent program on CNBC that auto parts company O’Reilly Automotive Inc is one of the best cheap stocks in the market.
“This is one of the best longtime long-term charts I think I’ve ever seen. It’s basically very basic. It’s auto parts, so it’s not AI. But it’s substantially cheaper than it ought to be given how well they’ve executed. And what’s happening here is it’s a cannibal company. It’s eating itself. They have bought back about 26 billion dollars worth of stock since 2011. They continue to shrink the float while growing earnings and you could see the success for yourself.”
Photo by jason briscoe on Unsplash
Parnassus Mid Cap Growth Fund stated the following regarding O’Reilly Automotive, Inc. in its Q1 2025 investor letter:
O’Reilly Automotive, Inc. (NASDAQ:ORLY), an aftermarket auto parts retailer, helped performance as the company posted steady results and benefited from its exposure to nondiscretionary consumer spending. Its scale, execution, and countercyclical demand profile continue to support our conviction.
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This article is originally published at Insider Monkey.
