O'Reilly Automotive (ORLY)

O'Reilly Automotive (ORLY)

Postby winston » Thu Sep 13, 2018 10:42 pm

not vested

'SELLING THE BASICS' WORKS FOR THIS AUTO-PARTS RETAILER

Today, we're highlighting a simple business that's leading the auto-retail market...

As longtime readers know, we are big fans of simple businesses. Companies that sell the basics – like pet food, work gear, and HVAC equipment – often make reliable investments because of constant demand. Today, we can see this at work with auto-parts retailers...

Roughly 90% of American households own a car. That's great news for auto-parts suppliers like O'Reilly Automotive (ORLY). The company has more than 5,000 stores across the U.S. And in America, the average vehicle age is about 11.6 years – a record high.

That means O'Reilly reaps the profits as folks keep their used cars running... Just look at O'Reilly's most recent earnings report. The company increased earnings per share by 38% year over year.

And as you can see below, shares are in a massive uptrend. Over the past year, the stock has climbed roughly 70%, and it recently hit a new all-time high. With Americans driving their cars longer, O'Reilly's products will likely remain popular for years...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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