Ken Fisher is Selling These 5 Stocks in 2022

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In this article we take a look at some stocks sold by Ken Fisher in the first quarter. To see the first part of this article and read about some more stocks that were offloaded by Fisher in Q1 go to Ken Fisher is Selling These 10 Stocks in 2022.

5. AutoZone, Inc. (NYSE:AZO)

Arkansas-based retailer of aftermarket automotive parts and accessories AutoZone, Inc. (NYSE:AZO) proved to be a profitable investment of Ken Fisher. Fisher Asset Management bought a $252,000 position in AutoZone, Inc. (NYSE:AZO) in the fourth quarter of 2021. However, the fund took profits and sold the stake in the first quarter. AutoZone, Inc. (NYSE:AZO) shares have gained about 33% in the last 12 months.

Elite hedge funds are showing an increased interest in AutoZone, Inc. (NYSE:AZO), as our data of 924 funds compiled at the end of the fourth quarter of 2021 shows that 45 funds had stakes in the company, compared to 35 funds in the third quarter.

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