Olivier Le Moal In this monthly article, we try to identify five closed-end funds ("CEFs") that have a solid historical performance, pay high enough distributions, and offer reasonable valuations at the current time. We also present a more diversified list of the top 10 funds. Author's Note: This article is part of our monthly series that tries to discover the five best buys in the CEF arena at that time. Certain parts of the introduction, definitions, and sections describing selection criteria/process ...

Retail has been a tough game over the last five years. The industry has contended with the pandemic, stores closures and a consumer shift to preferring online shopping. Since Covid-19 receded, retailers have been faced with the biggest surge of inflation in 40 years and the highest interest rates in 25 years. This has led consumers to focus on essentials and cutback their spending on discretionary items. But there are certain retail stocks to buy that still stand a chance in this tightening market.The most ...

MEMPHIS, Tenn., April 30, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its third quarter ended Saturday, May 4, 2024, before market open on Tuesday, May 21, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, May 21, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along wit ...

Here's Why AutoZone Will Likely Announce a Stock Split Sundry Photography / iStock Editorial via Getty Images History credits Henry Ford with inventing the automobile assembly line. The notion of having a different workstation be responsible for a specific part in a precisely sequenced assembly protocol is a fundamental principle behind mass production and large product manufacturing. Nevertheless, mechanical auto parts are susceptible to excessive wear, breakdown, damage, and other conditions that can re ...

When you think about magnificent stocks, I'm sure the "Magnificent Seven" tech-focused and innovative enterprises come to mind. Their returns in the past decade have certainly been spectacular.But there are two lesser-known and definitely more boring companies that have also trounced the market. I'm talking about O'Reilly Automotive (ORLY 0.40%) and AutoZone (AZO 0.90%). The former is up 678% in the past 10 years, while the latter has risen 498% during that time.Should you buy these two skyrocketing retail ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed a ...

Americans increased their spending a bit in February after pulling back in January. But last month’s gain in retail sales was weaker-than-expected, and January’s decline was revised even lower, indicating that many are growing cautious with their spending ability. Retail sales rose 0.6% in February after falling a revised 1.1% in January, hurt partly by inclement weather, according to the Commerce Department’s report on Thursday.Below we highlight a few areas and the related ETFs & stocks that may benefit h ...

汽车零售和批发零部件行业发展趋势 - 汽车零售和批发零部件行业在持续的车辆需求和车辆寿命延长的推动下蓬勃发展[1][4] - 新车销量增长将促进零部件市场，2023年美国新车销量达到2019年以来的最高水平，预计2024年美国汽车销量将达到1570万辆，同比增长1.3%[4] - 车辆寿命延长将提升零部件需求，美国轻型车辆的平均寿命达到12.5年，消费者为维持老旧车辆的运行而增加了对汽车零部件的需求[5] 行业策略和前景展望 - 行业参与者需要制定全面的策略来利用这些机会，尤其是在动态市场条件下，灵活的成本管理至关重要[1] - 技术进步创造了新的机遇，消费者对专业帮助的依赖增加，行业正在经历技术革新和数字化的转变[6] - Zacks行业排名显示汽车零售和批发零部件行业前景看好，目前排名在Zacks行业中的前21%[7] - 行业的定位在Zacks排名前50%是因为成员公司的整体盈利前景乐观，分析师对该行业的盈利增长潜力持乐观态度[9] 值得关注的行业参与者 - O'Reilly和AutoZone是值得关注的行业参与者，两家公司都在连续多年实现创纪录的收入增长，具有良好的盈利前景[15][16][17]

财务表现 - 公司在2024财年第二季度的净销售额达到39亿美元，同比增长4.6%[72] - 公司在2024财年第二季度的营业利润增长10.9%，达到7.432亿美元[72] - 公司在2024财年第二季度的净利润增长8.1%，达到5.15亿美元[72] - 公司在2024财年第二季度的每股稀释收益增长17.2%，达到28.89美元[72] - 公司在2024财年第二季度，维修相关类别占销售总额的86%[73] - 公司在2024财年第二季度，公司净销售额增加了1.68亿美元，达到39亿美元，同比增长4.6%[76] - 2024年2月10日的12周内，公司净销售额增加了1.68亿美元，达到39亿美元，同比增长4.6%[76] - 2024年2月10日的12周内，公司毛利为21亿美元，销售额比例为53.9%，较去年同期的52.3%有所增长[78] - 2024年2月10日的12周内，公司净利息费用为1.026亿美元，平均借款额为87亿美元，加权平均借款利率为4.40%[80] - 2024年2月10日的12周内，公司有效所得税率为19.6%，股票期权行使所得为2300万美元[81] - 2024年2月10日的12周内，公司净利润增加3.85亿美元，达到5.15亿美元，每股摊薄收益增长17.2%至28.89美元[82] - 2024年2月10日的24周内，公司净销售额增加3.734亿美元，达到80亿美元，同比增长4.9%[83] - 2024年2月10日的24周内，公司毛利为43亿美元，销售额比例为53.3%，较去年同期的51.1%有所增长[85] 财务状况 - 截至2024年2月10日，公司持有3.041亿美元的现金及现金等价物[90] - 2024年2月10日，公司从经营活动中获得的净现金流为13亿美元，较去年同期增加[91] - 2024年2月10日，公司投资活动中的净现金流为5.44亿美元，主要用于资本支出和税收信贷股权投资[92] - 2024年2月10日，公司融资活动中的净现金流为6.928亿美元，主要用于债务发行和股票回购[93] 融资和债务 - 公司于2021年11月修改和重签现有的循环信贷协议，将借款额度从20亿美元增加至22.5亿美元[99] - 截至2024年2月10日，公司在循环信贷协议下没有未偿借款，但有180万美元的未偿信用证[101] - 公司在信用证额度内有1610万美元的信用证未偿还，有效期至2025年6月[102] - 公司在2024年2月10日有1.284亿美元的信用证未偿还，这些信用证具有不同的到期日[103] - 公司在2024年2月10日，长期债务中包括12亿美元的商业票据借款和3.125%截至2024年4月到期的3亿美元优先票据[104] - 公司于2023年10月25日发行了5亿美元6.250%截至2028年11月到期的优先票据和5亿美元6.550%截至2033年11月到期的优先票据[105]

Cash-cow stocks are a unique bunch and a stock segment that many retail investors overlook. In a nutshell, cash-cow stocks have two key traits. First, cash-cow stocks (as the name implies) have high, predictable, reliable and recurring free cash flow per share. In these cases, free cash flow per share is preferable to earnings per share as it is a more reliable metric of cash available to deploy rapidly since it excludes non-cash concerns like depreciation. The more reliable and consistent the free cash flo ...