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Opinions The Panic-Proof Portfolio (Stockchase Research)
Autozone Inc.AZOTOP PICKJan 27, 2022
Stockchase Research Editor: Michael O'Reilly This $38 billion marketcap used car part distributor with over 6000 outlets is reiterated as a TOP PICK. Their recently added new international locations are helping boost revenues as witnessed by recently reported earnings that beat analyst expectations by 23%. It continues to buy back shares aggressively and pay reduce debt. It trades 18x earnings, compared to peers at 24x. We recommend trailing up the stop to $1800 (from $1700), looking to achieve $2210 -- upside potential over 15%. Yield 0% (Analysts’ price target is $2206.83)
$1909.01
Stock price when the opinion was issued
$3064.70
As of Jun 18, 2026. Market Open.
wholesale distributors
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BUY
Allan Tong’s Discover Picks You may be wondering about AutoZone , which also deals in auto parts. For starters, AZO’s PE is higher at 20.72x, pays no dividend, averages only 151,000 shares daily, but boasts a lower, safer beta of 0.75. Also in its favour, AZO has beaten the street in the last four quarters. That good news is reflected in the stock price, which covers hovers just below 52-week highs at $2,466. Read AAA: parts and supplies for our full analysis.
wholesale distributors
BUY
There was a new car shortage and were high used car prices, so people fixed up their existing cars by replacing parts. But used car prices have fallen and new cars will also fall. But all these car parts stocks trade cheaply around 19-20x PE. AZO is the cheapest, so his favourite in this sector. Likes their non-stop share buybacks.
wholesale distributors
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Premium contentPAST TOP PICK
(A Top Pick Jan 27/22, Down 5.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AZO has triggered its stop at $1800. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 11%, when combined with the previous recommendation to cover half the position.
wholesale distributors
