AutoZone Is Now One Of My Largest Positions - Here's Why
AutoZone(AZO) Seeking Alpha·2024-08-01 11:36
M. Suhail Back in January, I published an article on AutoZone (NYSE:AZO) explaining my rationale for betting big on the stock. Today, AutoZone is one of my largest positions. In this article, I want to revisit the stock, discuss the way I see its investment case, and assess its valuation based on today's share price. Let's start by disclosing that since my initial article, I have regularly added to my position, especially during the dip in late May to early June, when the stock fell below $2,800s. AutoZone' ...