AutoZone Stock Stays in the Zone for Buy-and-Hold Investors
AutoZone(AZO) MarketBeat·2024-12-12 20:15
AutoZone NYSE: AZO faces headwinds in 2024, but its FQ1 2025/CQ3 2024 results prove why it is a high-caliber buy-and-hold stock. The company sustains growth in difficult times, maintains margin, provides robust cash flow, and pays its shareholders to own it. It delivers a steadily increasing value, which is clearly seen in the stock’s price. This stock has trended steadily higher for decades. The trend went into overdrive in 2020 when growth accelerated, and the market is breaking out to new highs now that ...