Reported 4 months ago
AutoZone reported gains in revenue and earnings per share but its stock fell 14% offering a buying opportunity. The article discusses why AutoZone is a good investment choice with its recession-proof business, industry trends favoring it, compelling valuation, and potential for long-term growth. With a price-to-earnings ratio of 19.6 and a history of share buybacks, AutoZone is seen as a steady compounding machine worth investing in for the next five years.
Source: YAHOO